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Virginia Administrative Code (Last Updated: January 10, 2017) |
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Title 13. Housing |
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Agency 6. Virginia Manufactured Housing Board |
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Chapter 20. Manufactured Housing Licensing and Transaction Recovery Fund Regulations |
Section 90. License required; annual renewal
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Article 3. Brokers
A. Any person located in or outside of the Commonwealth buying or selling, negotiating the purchase or sale or exchange of, or leasing used manufactured homes and meeting the definition of broker in 13VAC6-20-10 shall apply to the board for a license. The license shall be displayed in a conspicuous place accessible to the public in the office of the business location. The license shall be issued for a term of one year from the date of issuance.
B. Each licensed broker shall apply for license renewal annually, by application and accompanied by the required fee. Applicants for license renewal shall meet all the criteria for original licensing. Upon failure to renew, the license shall automatically expire.
C. Should the department fail to receive a licensed broker's renewal form and appropriate fee within 30 days of the license expiration date, the broker shall be required to reinstate the license according to the terms and conditions of Article 8 (13VAC6-20-201 et seq.) of this part.
D. For licensing purposes, a broker operating more than one business location shall have each location treated as a separate entity and shall adhere to all requirements for broker licensing, including posting a license, at each location.
E. Each broker licensed under this chapter shall also obtain a certificate of dealer registration from the Virginia Department of Motor Vehicles. The certificate of registration shall be renewed annually and shall be maintained in effect with the Department of Motor Vehicles as long as the broker is licensed under this chapter.
Historical Notes
Derived from VR449-01-02 § 2.8, eff. April 1, 1994; amended, Volume 12, Issue 03, eff. January 1, 1996; Volume 28, Issue 20, eff. July 4, 2012.