Cost: $15. Held at the Roanoke County Public Library-New South County Library at 6303 Merriman Road. Speaker: Jay DeBoer, VAR VP of Law & Policy. Counts for 3 hours of Residential Standard Agency credit.

You need to learn the substantial changes to Virginia’s Agency law which take effect July 1st. The primary changes are . . .

• All agents must have written brokerage agreements with consumers they represent. The agreements must provide a list of services, a schedule of fees and a definite termination date.
• Dual agents must provide, and have signed by clients, a new form expressly describing the limitations on what dual agents can and cannot do for parties to a transaction.
• New agency forms will be required.

IMPORTANT:  All active licensees renewing their license between 7/1/2012 and 6/30/2014 must complete 3 hours in Residential Standard Agency. If your license expires prior to 7/1/2012, you may take this class -- but will need to take it again for required credit in your next renewal cycle.

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