How to File an Arbitration Claim

In the event of certain types of disputes (both contractual and specific non-contractual disputes), as defined in Article 17 of the Code of Ethics, Realtors® associated with different firms shall mediate or arbitrate the dispute, rather than litigate the matter. Members of the public may also seek to resolve qualified disputes against Realtors® via the arbitration process.

Read to learn more.

Watch to learn more.

New Laws 2024 — What You Need to Know for July 1, 2024

The year 2024 was a year of change in the Virginia General Assembly! Learn about the policy wins of the Realtor® Party and the new laws going into effect this summer.

Read Now

Legal Reminder: Airport Impact Overlay District

Thanks to REALTOR® advocacy, a new law was passed in Virginia, effective on July 1, 2024, prohibiting localities from establishing or enforcing mandatory disclosure requirements in real estate transactions. Thus, if you have a transaction in Loudoun County, you are no longer required to provide the AIOD disclosure as of July 1, 2024. NVAR will be sunsetting Form K1402 to reflect the new law.

Read Now

Changes to the Resale Disclosure Act for HOAs and Condos - Buyer Cancellation Rights

On July 1, 2023, the new Virginia Resale Disclosure Act, Virginia Code §55.1-2307, et seq. (“RDA”) went into effect, combining the resale package provisions of the Virginia Property Owners’ Association Act (“POAA”) and the Virginia Condominium Act (“Condo Act”). 

Read Now