NV/RPAC Working for You!

 

NORTHERN VIRGINIA/REALTORS® POLITICAL ACTION COMMITTEE (NV/RPAC)

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The Northern Virginia Realtors® Political Action Committee (NV/RPAC) is your business insurance. It protects the real estate industry from onerous laws and regulations that threaten your business. NV/RPAC safeguards your bottom line by defending the business of buying and selling real estate from legislative and regulatory threats.
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NV/RPAC investments at work:

  • Realtors® will introduce legislation to add mineral rights to the Residential Property Disclosure statement. 

  • Support legislation that the Virginia Housing Commission is drafting to create a court-processed “eviction diversion program” for “at risk” tenants. This will include a payment plan for tenants who would otherwise be evicted for owing $500 or less.

  • Support legislation that seeks to add flexibility back into the “proffers” legislation so localities are again able to make sustainable smart growth land use decisions.

  • Monitoring the sign ordinance amendments in Fairfax County to ensure that REALTORS® ability to advertise and market their listings are not adversely impacted.

  • Virginia Realtors® will seek to clarify the definition of “incomplete packet” in the delivery of resale certificates and disclosure packets
  • Securing an exception under tax reform that will allow real estate professionals to be able to take advantage of the deduction of 20% for business income.

  • Preserving and protecting the National Flood Insurance Program.

  • Protecting the 30-year fixed rate mortgage.

  • Clarifying and preserving the independent contractor status for Virginia REALTORS®.

  • Protecting Virginia consumers from real estate activity conducted by unlicensed individuals.