Virginia Real Estate Board – Principal or Supervising Broker Self Audit Requirements

VarThe principal or supervising brokers of any firm (or sole proprietorship license) are required to either audit or caused to be audited the operations, policies, and procedures of the firm at least once during each firm license term (and sole practitioners at least once during each license term) prior to renewal to ensure compliance with Virginia Real Estate Board Regulations. The audit must be recorded on the Firm/Sole Proprietor Audit Form which can be found at the Real Estate Board’s website (http://www.dpor.virginia.gov/Boards/Real-Estate/).

The Audit Form is a simple checklist to make sure you’re in compliance with Virginia’s laws and regulations governing real estate brokerage. The completed form must be signed by the principal or supervising broker and kept on file on the premises of the firm. Also, the responsible broker must certify at renewal of the firm license (or the sole practitioner at license renewal) that the audit has been conducted.
IMPORTANT NOTE: The Audit Form does not have to be submitted to the Real Estate Board but must be available if requested by the Board.
VAR has assembled the following resources on our website. Please visit www.VARealtor.com/BrokerAudits to access the following tools:
• A short video with VAR Legal Counsel Blake Hegeman explaining the audit process;
• An overview of the requirement and what to expect;
• Download links for the broker audit form itself; and
• Common questions and answers on broker audits.
Principal and Supervising Brokers and authorized designees registered to use the VAR Legal Hotline may call (804) 264-5033 or e-mail hotline@varealtor.com with any questions.
Legal Team
Virginia Association of REALTORS®

The VPAR Property Management Committee presents….Q & A with Chip! – Tuesday, September 30th

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John G. “Chip” Dicks

Your Favorite Real Estate Legal Guru and VRLTA Pro!

Tuesday, September 30, 2014
9:00 a.m. – 12:00 p.m.
$25.00 per member
$30.00 per non-member

• Designed for real estate brokers, property managers and salespersons
• Discuss NSF checks as they pertain to escrow accounts
• New Laws – what is Chip’s take on how to best protect yourself
• The new changes that make unlawful detainees & evictions easier
• VREB Self Audits
• Meth Lab Disclosures
• Pet fees versus pet deposits
• Protective orders and rent issues
• What each new tenancy really means in the State Code for smoke detectors
• Hoarding as a new disability – what reasonable accommodation means
• The awareness and information you need to protect your business
• Bring your own questions for Chip- we have him for three hours!!

John G. “Chip” Dicks

John G. “Chip” Dicks, Manager of FutureLaw, served as an elected member of the Virginia General Assembly during the 1980s. Since leaving the Legislature, Chip has represented associations and businesses on administrative, legislative and regulatory matters before state government agencies and the General Assembly. He has substantial experience in representing developers on a variety of land use applications in a number of localities in Virginia. Chip has expertise in the laws and regulations affecting billboard signs and in the field of landlord tenant and fair housing laws. Chip is a seasoned professional who helps the client identify and refine strategic goals, and then establish an implementation plan to meet the client’s time frame for completion of a project. Outside of the practice of law, Chip is an active real estate investor through Capital Realty & Investment Company, and is an owner in a number of private companies including an e Notarization company, a wireless communications company and an alternative energy company

Location:

Virginia Peninsula Association of REALTORS®
1001 North Campus Parkway, Hampton

SPONSORED BY:
Rose & Womble Realty, Century 21 Nachman Realty, Commonwealth Exterminating, OVM Financial, Karen Kennedy of State Farm Insurance, The Detector Inspector, ERA Real Estate, Julenn Keeling, Exit Real Estate Solutions, and Amanda Walsh Real Estate

Register online
QUESTIONS? CALL 757-599-5222

Cancellations must be received within 48 hours of the event to receive full refund.

Military Air Installation- Property Noise Contour List

Noise Contour List

To search for properties in the noise contour please use the Hampton Noise Contour Map link below. Below the city map click on ‘Search By Address’. If the property is in the Noise Contour it will give you the decibel reading that is required in the form entitled ‘Real Estate Transfer Disclosure for Properties Located in a Locality in which a Military Air Installation is Located’. A copy of this form is located here

Finding the GIS Hampton Noise and Crash Zone Information Instructions

Hampton Noise Contour Map

Langley Noise Brochure

Oceana AICUZ and Noise Information

REALTORS and consumers alike will benefit from a better understanding of the noise contour and AICUZ ordinance requirements in Hampton Roads. With military air installations located in numerous municipalities throughout the region, as well as two international airports, it is inevitable that somewhere and somehow, aircraft noise will impact you. Now, with the help of this video prepared by the Department of Defense, you and your customers can learn the background of this issue and how it impacts property rights. Use the link below to view this video.

AICUZ Video