SB993
Real estate brokers, salespersons, and rental location agents; exemptions.
Summary
As Introduced. Department of Professional and Occupational Regulation; real estate brokers, salespersons, and rental location agents; exemptions; emergency.
Clarifies that the provisions related to real estate brokers, salespersons, and rental location agents shall not apply to any person employed by a licensed real estate broker for and on behalf of the owner of any real estate or the improvements thereon that the licensed broker has contracted to manage ... (More) for the owner if the actions of such employee are limited to (i) accepting and signing broker-approved rental agreements, state or federal required disclosures, and any documents required for compliance with Virginia Fair Housing Law related to such rental transaction and (ii) accepting security deposits, periodic rent, and other payments contracted for in the rental agreement for such real estate. The bill contains technical amendments and an emergency clause. (Less)-
Bill History
- 01/07/2025 - Senate: Prefiled and ordered printed with emergency clause; Offered 01-08-2025 25102882D
- 01/07/2025 - Senate: Referred to Committee on General Laws and Technology
- 01/07/2025 - Senate: Emergency clause
- 01/15/2025 - Senate: Reported from General Laws and Technology (15-Y 0-N)
- 01/17/2025 - Senate: Rules suspended
- 01/17/2025 - Senate: Constitutional reading dispensed (on 1st reading) (40-Y 0-N)
- 01/17/2025 - Senate: Passed by for the day
- 01/20/2025 - Senate: Read second time and engrossed
- 01/21/2025 - Senate: Read third time and passed Senate (40-Y 0-N)
- 01/24/2025 - Senate: Fiscal Impact Statement from Department of Planning and Budget (SB993)
- 02/05/2025 - House: Placed on Calendar
- 02/05/2025 - House: Read first time
- 02/05/2025 - House: Referred to Committee on General Laws
- 02/05/2025 - House: Placed on General Laws Agenda
- 02/06/2025 - House: Reported from General Laws with substitute (21-Y 0-N)
- 02/06/2025 - House: Committee substitute printed 25106839D-H1
- 02/07/2025 - Senate: Fiscal Impact Statement from Department of Planning and Budget (SB993)
- 02/10/2025 - House: Read second time
- 02/11/2025 - House: Read third time
- 02/11/2025 - House: General Laws Substitute agreed to
- 02/11/2025 - House: Engrossed by House - committee substitute
- 02/11/2025 - House: Passed House with substitute (94-Y 0-N)
- 02/13/2025 - Senate: House substitute agreed to by Senate (40-Y 0-N)
- 02/18/2025 - Senate: Enrolled
- 02/18/2025 - Senate: Bill text as passed Senate and House (SB993ER)
- 02/18/2025 - Senate: Fiscal Impact Statement from Department of Planning and Budget (SB993)
- 02/18/2025 - House: Signed by Speaker
- 02/20/2025 - Senate: Signed by President
- 03/03/2025 - Senate: Enrolled Bill Communicated to Governor on March 3, 2025
- 03/03/2025 - Governor's Action Deadline 11:59 p.m., March 24, 2025
- 03/24/2025 - Approved by Governor-Chapter 466 (Effective 07/01/25)
- 03/24/2025 - Acts of Assembly Chapter text (CHAP0466)
