republic-os/legislation/us/states/va/2024/sb-526.md

type, title, description, jurisdiction, legislature, session, identifier, citation, classification, subjects, status, primary_sponsors, version_count, action_count, vote_count, first_action, last_action, source, source_identifier, source_url, source_hash, vintage, source_snapshot, retrieved_at, confidence, tags

type	title	description	jurisdiction	legislature	session	identifier	citation	classification	subjects	status	primary_sponsors	version_count	action_count	vote_count	first_action	last_action	source	source_identifier	source_url	source_hash	vintage	source_snapshot	retrieved_at	confidence	tags
Bill	Resale Disclosure Act; fees charged for delivery of resale certificate.	Resale Disclosure Act; delivery of resale certificate; remedies. Provides that failure to deliver a resale certificate within 14 days, as required by the Resale Disclosure Act, deems the resale certificate unavailable. The bill grants a purchaser three days from the date of ratification of the contract or the date of receipt of the resale certificate or notice that such certificate is unavailable, as applicable, to cancel the contract. Additionally, the bill (i) excludes from the resale certificate requirements of the Act an initial disposition of a lot to a person who is not acquiring the lot for his own residence and (ii) allows a resale certificate to be delivered to a purchaser's authorized agent. Current law excludes the resale certificate requirements of the Act for any initial disposition, regardless of its intended use, and only allows a resale certificate to be delivered to a purchaser. Finally, the bill mandates the seller to be responsible for all fees associated with the preparation and delivery of the financial update. However, the settlement agent or other requesting party may pay such fees up front, regardless of whether such requesting party requests to be reimbursed for such fees from the seller.	us/states/va	Virginia General Assembly	2024	SB 526	Virginia SB 526 (2024)	bill		enacted	Angelia Williams Graves	5	37	7	2024-01-09	2024-04-04	openstates	ocd-bill/ba29c137-39c9-4af7-9643-c70d2ed4b525	https://lis.virginia.gov/cgi-bin/legp604.exe?241+sum+SB526	db9f901847d8c6660ebea544ade52f550f1bdbf0757c58ebf8ce997765c3bf92	2026-07-01	https://data.openstates.org/daily/2026-07-01/public.pgdump	2026-07-06	reported	legislation bill us-va

Virginia SB 526 (2024) — Resale Disclosure Act; fees charged for delivery of resale certificate.

Resale Disclosure Act; delivery of resale certificate; remedies. Provides that failure to deliver a resale certificate within 14 days, as required by the Resale Disclosure Act, deems the resale certificate unavailable. The bill grants a purchaser three days from the date of ratification of the contract or the date of receipt of the resale certificate or notice that such certificate is unavailable, as applicable, to cancel the contract. Additionally, the bill (i) excludes from the resale certificate requirements of the Act an initial disposition of a lot to a person who is not acquiring the lot for his own residence and (ii) allows a resale certificate to be delivered to a purchaser's authorized agent. Current law excludes the resale certificate requirements of the Act for any initial disposition, regardless of its intended use, and only allows a resale certificate to be delivered to a purchaser. Finally, the bill mandates the seller to be responsible for all fees associated with the preparation and delivery of the financial update. However, the settlement agent or other requesting party may pay such fees up front, regardless of whether such requesting party requests to be reimbursed for such fees from the seller.

Version chain

The bill's text revisions, in order — the diff chain from filing to enrollment.

1. CHAP0511 (committee substitute) — source
2. Committee substitute printed 24105994D-S1 (committee substitute) — source
3. Committee substitute printed 24107739D-H1 (committee substitute) — source
4. Prefiled and ordered printed; offered 01/10/24 24105078D (committee substitute) — source
5. SB526ER (committee substitute) — source

Votes

• Rereferred from Courts of Justice (11-Y 0-N) — 11–0 (pass) · upper
• VOTE: Block Vote Passage (98-Y 0-N) — 97–0 (pass) · lower
• Constitutional reading dispensed (37-Y 0-N) — 37–0 (pass) · upper
• Reported from General Laws with substitute (22-Y 0-N) — 22–0 (pass) · lower
• Read third time and passed Senate (40-Y 0-N) — 40–0 (pass) · upper
• Reported from General Laws and Technology with substitute (15-Y 0-N) — 15–0 (pass) · upper
• House substitute agreed to by Senate (40-Y 0-N) — 40–0 (pass) · upper

Sponsors

• Angelia Williams Graves — primary (person)
• Nadarius E. Clark — cosponsor (person)
• Saddam Azlan Salim — cosponsor (person)

Timeline

The legislative action history — every referral, reading, and vote.

• 2024-01-09 Prefiled and ordered printed; offered 01/10/24 24105078D filing, introduction
• 2024-01-09 Referred to Committee for Courts of Justice referral-committee
• 2024-01-17 Rereferred from Courts of Justice (11-Y 0-N) referral-committee
• 2024-01-17 Rereferred to General Laws and Technology referral-committee
• 2024-01-24 Senate committee, floor amendments and substitutes offered
• 2024-01-24 Reported from General Laws and Technology with substitute (15-Y 0-N) committee-passage
• 2024-01-24 Committee substitute printed 24105994D-S1 substitution
• 2024-01-26 Constitutional reading dispensed (37-Y 0-N)
• 2024-01-29 Read second time reading-2
• 2024-01-29 Reading of substitute waived
• 2024-01-29 Committee substitute agreed to 24105994D-S1 substitution
• 2024-01-29 Engrossed by Senate - committee substitute SB526S1 substitution
• 2024-01-30 Read third time and passed Senate (40-Y 0-N) passage, reading-3
• 2024-01-31 Impact statement from DPB (SB526S1)
• 2024-02-13 Placed on Calendar
• 2024-02-13 Read first time reading-1
• 2024-02-13 Referred to Committee on General Laws referral-committee
• 2024-02-15 Reported from General Laws with substitute (22-Y 0-N) committee-passage
• 2024-02-15 Committee substitute printed 24107739D-H1 substitution
• 2024-02-19 Read second time reading-2
• 2024-02-20 Read third time reading-3
• 2024-02-20 Committee substitute agreed to 24107739D-H1 substitution
• 2024-02-20 Engrossed by House - committee substitute SB526H1 substitution
• 2024-02-20 Passed House with substitute BLOCK VOTE (98-Y 0-N) passage
• 2024-02-20 VOTE: Block Vote Passage (98-Y 0-N) passage
• 2024-02-22 House substitute agreed to by Senate (40-Y 0-N) substitution
• 2024-02-22 Title replaced 24107739D-H1
• 2024-02-26 Impact statement from DPB (SB526H1)
• 2024-02-27 Enrolled enrolled
• 2024-02-27 Bill text as passed Senate and House (SB526ER) passage
• 2024-02-27 Impact statement from DPB (SB526ER)
• 2024-02-27 Signed by Speaker passage
• 2024-03-01 Signed by President passage
• 2024-03-11 Enrolled Bill Communicated to Governor on March 11, 2024 enrolled
• 2024-03-11 Governor's Action Deadline 11:59 p.m., April 8, 2024 executive-receipt
• 2024-04-04 Approved by Governor-Chapter 511 (effective 7/1/24) executive-signature
• 2024-04-04 Acts of Assembly Chapter text (CHAP0511)

Source

OpenStates / OpenCivicData bulk snapshot 2026-07-01; origin ocd-bill/ba29c137-39c9-4af7-9643-c70d2ed4b525. Confidence: reported (aggregated from official Virginia legislature records).