# Va. Code Ann. § 54.1-2137: Commencement and termination of brokerage relationships; brokerage agreements required > Virginia · Statutes · In force URL: https://www.frixlaw.com/law-library/statutes/STATE_VA_T54.1_SII_C21_A3_S54.1-2137 ## Section - **Citation:** Va. Code Ann. § 54.1-2137 - **Heading:** Commencement and termination of brokerage relationships; brokerage agreements required - **Jurisdiction:** Virginia - **Kind:** Statutes - **Status:** In force - **Text as of:** August 14, 2026 - **Source:** Compiled text - **Location:** Virginia Code / Title 54.1 / Subtitle II / Chapter 21 / Article 3 / Section 54.1-2137 ## Text A. The brokerage relationships set forth in this article shall commence at the time that a client engages a licensee to provide brokerage services and shall continue until (i) completion of performance in accordance with the brokerage agreement or (ii) the earlier of (a) any date of expiration agreed upon by the parties as part of the brokerage agreement or in any amendments thereto, (b) any mutually agreed upon termination of the brokerage agreement, (c) a default by any party under the terms of the brokerage agreement, or (d) a termination as set forth in subsection G of § 54.1-2139 . B. Except as otherwise provided in this article, a licensee shall enter into a brokerage agreement with a prospective client prior to providing brokerage services. A licensee shall not be required to enter into a brokerage agreement prior to preparing property-specific materials with the intent to obtain a brokerage relationship with a prospective client. C. Brokerage agreements shall be in writing and shall: 1. Have a definite termination date; however, if a brokerage agreement does not specify a definite termination date, the brokerage agreement shall terminate 90 days after the date of the brokerage agreement; 2. State the amount of the brokerage fees and how and when such fees are to be paid; 3. State the services to be rendered by the licensee; 4. Include such other terms of the brokerage relationship as have been agreed to by the client and the licensee; and 5. In the case of brokerage agreements entered into in conjunction with the client's consent to a dual representation, the disclosures set out in subsection A of § 54.1-2139 . D. Except as otherwise agreed to in writing, a licensee owes no further duties to a client after termination, expiration, or completion of performance of the brokerage agreement, except to (i) account for all moneys and property relating to the brokerage relationship and (ii) keep confidential all personal and financial information received from the client during the course of the brokerage relationship and any other information that the client requests during the brokerage relationship be maintained confidential, unless otherwise provided by law or the client consents in writing to the release of such information. 1995, cc. 741 , 813 ; 2011, c. 461 ; 2012, c. 750 ; 2018, cc. 60 , 86 ; 2025, cc. 479 , 495 . ## Nearby sections - [Va. Code Ann. § 54.1-2130 Definitions](https://www.frixlaw.com/law-library/statutes/STATE_VA_T54.1_SII_C21_A3_S54.1-2130.md) - [Va. Code Ann. § 54.1-2131 Licensees engaged by sellers](https://www.frixlaw.com/law-library/statutes/STATE_VA_T54.1_SII_C21_A3_S54.1-2131.md) - [Va. Code Ann. § 54.1-2132 Licensees engaged by buyers](https://www.frixlaw.com/law-library/statutes/STATE_VA_T54.1_SII_C21_A3_S54.1-2132.md) - [Va. Code Ann. § 54.1-2133 Licensees engaged by landlords to lease property](https://www.frixlaw.com/law-library/statutes/STATE_VA_T54.1_SII_C21_A3_S54.1-2133.md) - [Va. Code Ann. § 54.1-2134 Licensees engaged by tenants](https://www.frixlaw.com/law-library/statutes/STATE_VA_T54.1_SII_C21_A3_S54.1-2134.md) - [Va. Code Ann. § 54.1-2135 Licensees engaged to manage real estate](https://www.frixlaw.com/law-library/statutes/STATE_VA_T54.1_SII_C21_A3_S54.1-2135.md) - [Va. Code Ann. § 54.1-2136 Preconditions to brokerage relationship](https://www.frixlaw.com/law-library/statutes/STATE_VA_T54.1_SII_C21_A3_S54.1-2136.md) - [Va. Code Ann. § 54.1-2137 Commencement and termination of brokerage relationships; brokerage agreements required](https://www.frixlaw.com/law-library/statutes/STATE_VA_T54.1_SII_C21_A3_S54.1-2137.md) - [Va. Code Ann. § 54.1-2138 Disclosure of brokerage relationship in residential real estate transactions](https://www.frixlaw.com/law-library/statutes/STATE_VA_T54.1_SII_C21_A3_S54.1-2138.md) - [Va. Code Ann. § 54.1-2138.1 Limited service agent in a residential real estate transaction, contract disclosure required](https://www.frixlaw.com/law-library/statutes/STATE_VA_T54.1_SII_C21_A3_S54.1-2138.1.md) - [Va. Code Ann. § 54.1-2138.2 Duty to disclose ownership interest in specific real property](https://www.frixlaw.com/law-library/statutes/STATE_VA_T54.1_SII_C21_A3_S54.1-2138.2.md) - [Va. Code Ann. § 54.1-2139 Disclosed dual agency and dual representation authorized in a residential real estate transaction](https://www.frixlaw.com/law-library/statutes/STATE_VA_T54.1_SII_C21_A3_S54.1-2139.md) - [Va. Code Ann. § 54.1-2139.1 Designated standard agency or designated representation authorized in a residential real estate transaction](https://www.frixlaw.com/law-library/statutes/STATE_VA_T54.1_SII_C21_A3_S54.1-2139.1.md) - [Va. Code Ann. § 54.1-2139.01 Disclosed dual agency and dual representation in commercial real estate transactions authorized](https://www.frixlaw.com/law-library/statutes/STATE_VA_T54.1_SII_C21_A3_S54.1-2139.01.md) --- Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/STATE_VA_T54.1_SII_C21_A3_S54.1-2137. Check the current official text before relying on it. Not legal advice.