Application to certain real estate brokers
Va. Code Ann. § 6.2-1617
in effectThe provisions of this chapter shall not be construed to prohibit a real estate broker, as defined in § 54.1-2100 , who is either an owner of an interest in a real estate firm or acts as a real estate broker in a sole proprietorship, from:
1. Having an ownership interest in a mortgage broker or mortgage lender;
2. Receiving returns on investment arising from the real estate broker's ownership interest in a mortgage broker or mortgage lender; or
3. Receiving payment of compensation for services actually performed for a mortgage broker or mortgage lender in which the real estate broker has an ownership interest.
1987, c. 596, § 6.1-422; 1989, c. 667; 1993, c. 183; 1997, c. 228 ; 2001, cc. 502 , 511 ; 2009, cc. 189 , 261 ; 2010, c. 794 .
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://law.lis.virginia.gov/vacode/6.2-1617/Fetched: 10/17/2026