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HB1706

Va. Residential Property Disclosure Act; required disclosures for buyer to beware.

Status:
Enacted

Latest Action: March 18, 2025
Acts of Assembly Chapter text (CHAP0015)

Chief Patron:
David Bulova (D)

Session:
2025 Regular Session

Summary

As Passed House of Origin. Virginia Residential Property Disclosure Act; required disclosures for buyer to beware; aircraft noise.

Requires that the owner of a residential real property include in the residential property disclosure statement provided to a potential purchaser of such residential real property a statement that the owner makes no representations or warranties with respect to the property's proximity to a public use airport nor any noise from aircraft due to the proximity of the property to flight operations, and purchasers are advised to exercise whatever due diligence they deem necessary to determine whether the property is within proximity to a flight path or public use airport aircraft noise zone. The bill also requires the Department of Aviation to establish and provide to the Real Estate Board by July 31, 2025, a website address that allows purchasers to access public use airport aircraft noise zone maps, and requires the Real Estate Board to include such website address on the form for signature by the parties stating that the purchaser has been advised of the disclosures listed in the residential property disclosure statement. As introduced, this bill was a recommendation of the Virginia Housing Commission. This bill is identical to SB 1210. (Less)
  • Bill History

  • 01/04/2025 - House: Prefiled and ordered printed; Offered 01-08-2025 25102167D
  • 01/04/2025 - House: Referred to Committee on General Laws
  • 01/13/2025 - House: Assigned GL sub: Housing/Consumer Protection
  • 01/14/2025 - House: Placed on General Laws Agenda
  • 01/16/2025 - House: Subcommittee recommends reporting with substitute (8-Y 0-N)
  • 01/20/2025 - House: Placed on General Laws Agenda
  • 01/21/2025 - House: Committee substitute printed 25105102D-H1
  • 01/21/2025 - House: Reported from General Laws with substitute (21-Y 0-N)
  • 01/23/2025 - House: Read first time
  • 01/24/2025 - House: Read second time
  • 01/24/2025 - House: General Laws Substitute agreed to
  • 01/24/2025 - House: Engrossed by House - committee substitute
  • 01/27/2025 - House: Read third time and passed House (97-Y 0-N)
  • 01/28/2025 - House: Fiscal Impact Statement from Department of Planning and Budget (HB1706)
  • 01/28/2025 - Senate: Constitutional reading dispensed (on 1st reading)
  • 01/28/2025 - Senate: Referred to Committee on General Laws and Technology
  • 02/05/2025 - Senate: Reported from General Laws and Technology (13-Y 0-N)
  • 02/07/2025 - Senate: Rules suspended
  • 02/07/2025 - Senate: Constitutional reading dispensed (on 2nd reading) (38-Y 0-N)
  • 02/07/2025 - Senate: Passed by for the day
  • 02/10/2025 - Senate: Read third time
  • 02/10/2025 - Senate: Passed Senate (39-Y 0-N)
  • 02/12/2025 - House: Enrolled
  • 02/12/2025 - House: Bill text as passed House and Senate (HB1706ER)
  • 02/12/2025 - House: Fiscal Impact Statement from Department of Planning and Budget (HB1706)
  • 02/12/2025 - House: Signed by Speaker
  • 02/15/2025 - Senate: Signed by President
  • 02/18/2025 - House: Enrolled Bill communicated to Governor on February 18, 2025
  • 02/18/2025 - Governor's Action Deadline 11:59 p.m., March 24, 2025
  • 03/18/2025 - Approved by Governor-Chapter 15 (Effective 07/01/25)
  • 03/18/2025 - Acts of Assembly Chapter text (CHAP0015)