# Va. Code Ann. § 54.1-2138: Disclosure of brokerage relationship in residential real estate transactions > Virginia · Statutes · In force URL: https://www.frixlaw.com/law-library/statutes/STATE_VA_T54.1_SII_C21_A3_S54.1-2138 ## Section - **Citation:** Va. Code Ann. § 54.1-2138 - **Heading:** Disclosure of brokerage relationship in residential real estate transactions - **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 54.1-2138 ## Text A. Upon having a substantive discussion about a specific property or properties in a residential real estate transaction with an actual or prospective buyer or seller who is not the client of the licensee and who is not represented by another licensee, a licensee shall disclose any broker relationship the licensee has with another party to the transaction. Further, except as provided in § 54.1-2139 or 54.1-2139.1 , such disclosure shall be made in writing at the earliest practical time, but in no event later than the time when specific real estate assistance is first provided. Such disclosure may be given in combination with other disclosures or provided with other information, but if so, the disclosure must be conspicuous, printed in bold lettering, all capitals, underlined, or within a separate box. Any disclosure which complies substantially in effect with the following shall be deemed in compliance with this disclosure requirement: DISCLOSURE OF BROKERAGE RELATIONSHIP IN A RESIDENTIAL REAL ESTATE TRANSACTION The undersigned do hereby acknowledge disclosure that: The licensee.....................… (name of broker or salesperson) associated with.........................…(Name of Brokerage Firm) represents the following party in a residential real estate transaction: ....… Seller(s) or ....… Buyer(s) ....… Landlord(s) or ....… Tenant(s) ................… ..........................… Date Name ................… ..........................… Date Name B. A licensee shall disclose to an actual or prospective landlord or tenant, who is not the client of the licensee and who is not represented by another licensee, that the licensee has a brokerage relationship with another party or parties to the transaction. Such disclosure shall be in writing and included in all applications for lease or in the lease itself, whichever occurs first. If the terms of the lease do not provide for such disclosure, disclosure shall be made in writing no later than the signing of the lease. Such disclosure requirement shall not apply to lessors or lessees in single or multifamily residential units for lease terms of less than two months. C. If a licensee's relationship to a client or customer changes, the licensee shall disclose that fact in writing to all clients and customers already involved in the specific contemplated transaction. D. Copies of any disclosures relative to fully executed purchase contracts shall be kept by the licensee for a period of three years as proof of having made such disclosure, whether or not such disclosure is acknowledged in writing by the party to whom such disclosure was shown or given. E. A limited service agent shall also make the disclosure required by § 54.1-2138.1 . 1995, cc. 741 , 813 ; 1997, cc. 86 , 119 ; 2006, c. 627 ; 2012, c. 750 ; 2016, c. 334 . ## 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_S54.1-2138. Check the current official text before relying on it. Not legal advice.