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HB1888

Real estate settlement agents; fees, informed consent.

Status:
Enacted

Chief Patron:
Rip Sullivan (D)

Session:
2023 Regular Session

Summary

As Passed Both Chambers. Real estate settlement agents; fees; informed consent.

Requires the written consent of the seller's counsel before a settlement agent or its subsidiaries, affiliates, or subcontractors can collect any fees payable to such settlement agent or its subsidiaries, affiliates, or subcontractors from a represented seller.
  • Bill History

  • 01/10/2023 - House: Prefiled and ordered printed; offered 01/11/23 23100891D
  • 01/10/2023 - House: Referred to Committee on General Laws
  • 01/18/2023 - House: Assigned GL sub: Subcommittee #2
  • 01/26/2023 - House: Impact statement from SCC (HB1888)
  • 02/02/2023 - House: House subcommittee amendments and substitutes offered
  • 02/02/2023 - House: House subcommittee amendments and substitutes offered
  • 02/02/2023 - House: Subcommittee recommends reporting with amendments (8-Y 0-N)
  • 02/02/2023 - House: Reported from General Laws with amendment(s) (22-Y 0-N)
  • 02/05/2023 - House: Read first time
  • 02/06/2023 - House: Read second time
  • 02/06/2023 - House: Committee amendments agreed to
  • 02/06/2023 - House: Engrossed by House as amended HB1888E
  • 02/06/2023 - House: Printed as engrossed 23100891D-E
  • 02/07/2023 - House: Read third time and passed House BLOCK VOTE (99-Y 0-N)
  • 02/07/2023 - House: VOTE: Block Vote Passage (99-Y 0-N)
  • 02/07/2023 - House: Impact statement from SCC (HB1888E)
  • 02/08/2023 - Senate: Constitutional reading dispensed
  • 02/08/2023 - Senate: Referred to Committee on General Laws and Technology
  • 02/15/2023 - Senate: Senate committee, floor amendments and substitutes offered
  • 02/15/2023 - Senate: Senate committee, floor amendments and substitutes offered
  • 02/15/2023 - Senate: Reported from General Laws and Technology with substitute (15-Y 0-N)
  • 02/15/2023 - Senate: Committee substitute printed 23106942D-S1
  • 02/17/2023 - Senate: Constitutional reading dispensed (37-Y 0-N)
  • 02/20/2023 - Senate: Read third time
  • 02/20/2023 - Senate: Reading of substitute waived
  • 02/20/2023 - Senate: Committee substitute agreed to 23106942D-S1
  • 02/20/2023 - Senate: Engrossed by Senate - committee substitute HB1888S1
  • 02/20/2023 - Senate: Passed Senate with substitute (40-Y 0-N)
  • 02/20/2023 - House: Impact statement from SCC (HB1888S1)
  • 02/21/2023 - House: Senate substitute agreed to by House 23106942D-S1 (98-Y 0-N)
  • 02/21/2023 - House: VOTE: Adoption (98-Y 0-N)
  • 02/24/2023 - House: Enrolled
  • 02/24/2023 - House: Bill text as passed House and Senate (HB1888ER)
  • 02/25/2023 - House: Impact statement from SCC (HB1888ER)
  • 03/02/2023 - House: Enrolled Bill communicated to Governor on March 2, 2023
  • 03/02/2023 - Governor: Governor's Action Deadline 11:59 p.m., March 27, 2023
  • 03/24/2023 - Governor: Approved by Governor-Chapter 493 (effective 7/1/23)
  • 03/24/2023 - Governor: Acts of Assembly Chapter text (CHAP0493)

Full text and vote history:

Virginia Legislative Information System

RichmondSunlight.com


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