OC: VA Legal Update
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In 2023 and 2024, the Commonwealth passed numerous changes to existing laws and introduced new ones. Virginia Legal Update covers changes relating to continuing education requirements, license reciprocity, appraisal, common interest communities, leasing, settlement, and tax exemptions for disabled veterans. Also crucial to a licensee’s understanding is the National Flood Insurance Program, flood hazard area mapping, and how flooding issues can impact a real estate transaction. Case studies and examples help bring the content to life and help licensees apply ethics to their real estate practice.