Virginia residential landlord tenant act

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Reference no: EM131490132

1. The 2014 Virginia General Assembly changed the “trigger number” that determines if a landlord is subject to the Virginia Residential Landlord Tenant Act (VRLTA) to

a. two owned properties.

b. two rental properties plus a principal residence.

c. four rental properties in an urban area.

d. 10 rental properties in an urban area.

2. Ideally, all brokerage relationships end with a successful transaction that goes to settlement. Other legal ways for termination of the relationship include all of the following EXCEPT

a. mutual agreement by all parties.

b. a default by either party.

c. a request from either client or broker.

d. a licensee’s withdrawal if a client refuses to consent to disclosed dual agency.

Reference no: EM131490132

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