HB2557
Real estate brokers, salespersons, and rental location agents; exemptions.
Summary
As Passed House of Origin. Department of Professional and Occupational Regulation; real estate brokers, salespersons, and rental location agents; exemptions.
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. This bill is identical to SB 993. (Less)-
Bill History
- 01/12/2025 - House: Prefiled and ordered printed with emergency clause; Offered 01-13-2025 25102236D
- 01/12/2025 - House: Referred to Committee on General Laws
- 01/20/2025 - House: Assigned GL sub: Professions/Occupations and Administrative Process
- 01/20/2025 - House: Placed on General Laws Agenda
- 01/24/2025 - House: Fiscal Impact Statement from Department of Planning and Budget (HB2557)
- 01/27/2025 - House: Placed on General Laws Agenda
- 01/30/2025 - House: Subcommittee recommends reporting with substitute (8-Y 0-N)
- 01/30/2025 - House: Placed on General Laws Agenda
- 01/30/2025 - House: Reported from General Laws with substitute (21-Y 0-N)
- 01/30/2025 - House: Committee substitute printed 25106491D-H1
- 02/02/2025 - House: Read first time
- 02/03/2025 - House: Read second time
- 02/03/2025 - House: General Laws Substitute agreed to
- 02/03/2025 - House: Engrossed by House - committee substitute
- 02/04/2025 - House: Read third time and passed House (97-Y 0-N)
- 02/04/2025 - House: Reconsideration of passage agreed to by House
- 02/04/2025 - House: Passed House (99-Y 0-N)
- 02/04/2025 - House: Fiscal Impact Statement from Department of Planning and Budget (HB2557)
- 02/05/2025 - Senate: Constitutional reading dispensed (on 1st reading)
- 02/05/2025 - Senate: Referred to Committee on General Laws and Technology
- 02/12/2025 - Senate: Reported from General Laws and Technology (15-Y 0-N)
- 02/14/2025 - Senate: Rules suspended
- 02/14/2025 - Senate: Constitutional reading dispensed (on 2nd reading) (36-Y 0-N)
- 02/14/2025 - Senate: Passed by for the day
- 02/17/2025 - Senate: Read third time
- 02/17/2025 - Senate: Passed Senate (39-Y 0-N)
- 02/19/2025 - House: Enrolled
- 02/19/2025 - House: Bill text as passed House and Senate (HB2557ER)
- 02/19/2025 - House: Fiscal Impact Statement from Department of Planning and Budget (HB2557)
- 02/19/2025 - House: Signed by Speaker
- 02/22/2025 - Senate: Signed by President
- 03/03/2025 - House: 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 463 (Effective 07/01/25)
- 03/24/2025 - Acts of Assembly Chapter text (CHAP0463)
