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Realtor® Advocacy Wins
Your Realtor® Advocacy team works tirelessly to protect the real estate industry. Although not an exhaustive list, check out recent victories that Realtors® can be proud of, including legislative, executive, and judiciary branch wins.
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Government Affairs Blog
FIVE FOR FRIDAY: Local Budget/Real Estate Tax Rate Edition
Feb 18, 2022, 14:01 by Josh Veverka
1. Arlington County manager proposes budget that would freeze tax rate, increase employee pay 2. Real Estate Tax Rate Unchanged In Alexandria 2023 Budget Proposal 3. Loudoun County administrator proposes $3.5 billion budget for fiscal 2023 4. Prince William budget pitches meals tax, real estate tax boost 5. NAR Comments on Proposed WOTUS Rule
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From the Ground Up - February 15, 2022
Feb 15, 2022, 12:21 by Chris Barranco
The new "From the Ground Up" report enables members to be informed on upcoming projects throughout the NVAR footprint. Information will include, but is not limited to: proposed residential and commercial development projects in the news, rezoning applications and site plan amendments coming before local government, affordable housing project news, announcements of new businesses locating in the region and other economic development news.
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FIVE FOR FRIDAY: A weekly roundup of Public Policy News
Feb 11, 2022, 13:00 by Josh Veverka
1. NAR Supports Health Insurance Affordability 2. Letter to Fannie Mae on ANSI Measurements 3. Arlington leaders, Sen. Warner push for bridge funding 4. Lawmakers delay until next session bills seeking limited distance-based pricing on Greenway 5. Alexandria’s 2022 Real Estate Assessments Reflect Significant New Growth
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FIVE FOR FRIDAY: A weekly roundup of Public Policy News
Feb 4, 2022, 16:52 by Josh Veverka
1. The Richmond Report: Realtor® Advocacy in Action at the General Assembly 2. Virginia SCC Releases Opinion on Split Settlements 3. Fairfax PLUS Customer Service Platform Expands to Include More Land Use Applications 4. The Region Wants to Hear From You About the State of Housing in Our Community! 5. Senator pulls short-term rental bill, alleviating concern among Virginia Beach civic leagues 6. House panel advances bill giving localities power to sue ‘slumlords,’ tables other tenant protections 7. New Parking Regulations Adopted by Herndon Town Council
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Virginia SCC Releases Opinion on Split Settlements
Feb 4, 2022, 16:47 by Josh Veverka
On February 4, 2022, the Virginia Bureau of Insurance issued a bulletin regarding so-called "Split Settlements." Your associations are seeking further guidance and clarification on this issue and will provide an update as soon as one is available. This is just a clarification of existing law and will not necessitate any change in the NVAR Residential Sales Contract. In the meantime, here is what you need to know regarding the selection of Settlement Agents and the current state of the law:
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