Virginia § 54.1-2136 - Preconditions to brokerage relationship

Full text of Virginia Code of Virginia § 54.1-2136 — Preconditions to brokerage relationship, with citation guidance and answers to common questions.

§ 54.1-2136. Preconditions to brokerage relationship

Prior to entering into any brokerage relationship provided for in this article, a licensee shall advise the prospective client of (i) the type of brokerage relationship proposed by the broker and (ii) the broker's compensation and whether the broker will share such salary or compensation with another broker who may have a brokerage relationship with another party to the transaction.

1995, cc. 741, 813.

Source: official Virginia text · Last verified 2026-08-27

Frequently Asked Questions About Virginia § 54.1-2136

What does Code of Virginia § 54.1-2136 cover?

Section 54.1-2136 ("Preconditions to brokerage relationship") is part of the Code of Virginia, the codified statutory law of Virginia. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.

How do I cite Virginia § 54.1-2136?

A common citation format is "Code of Virginia § 54.1-2136" (Virginia). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.

Is this the official text of Virginia law?

No. This page is for research and education and may not include the most recent amendments. For official current law, check the Virginia official source linked on this page or consult a licensed Virginia attorney.

How does Virginia § 54.1-2136 apply to my situation?

Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Virginia can advise on how this section applies to you. Contact your state or local bar association for a referral.

Sources & Verification

Not legal advice. Verify against the official source and consult a licensed attorney in Virginia.