HB 1518 Virginia House of Delegates · 2026 Regular Session

Buyer to beware; Va. Housing Commission to review existing required disclosures, etc.

Summary

Virginia Housing Commission; Virginia Residential Property Disclosure Act; comprehensive review of required disclosures; report. Directs the Virginia Housing Commission to convene a stakeholder advisory group to assist the Commission in conducting a comprehensive review of (i) required disclosures for a buyer to beware, (ii) current methods for a buyer to receive a residential property disclosure statement, and (iii) the statutory language related to residential property disclosure statements and the language used in such disclosure statements. The bill further directs the Commission to develop recommendations based on such review and stakeholder input to improve efficiency, transparency, and the consumer experience while maintaining legal protections for all parties. The bill requires the Commission to submit a written report of its findings and recommendations to the Chairs of the House Committee on General Laws and the Senate Committee on General Laws and Technology no later than October 1, 2026. This bill incorporates HB 477.

Bill status signed all 5 stages cleared

Introduction

Jan 2026

Committee Review

Mar 2026

House of Delegates Passage

Mar 2026

Senate Passage

Mar 2026

Signed into Law

Apr 2026

Introduced Jan 23, 2026 Signed Apr 13, 2026

Maddy AI version diff · 4 comparisons

What changed between versions

Housing/Consumer Protection Subcommittee Substitute → General Laws and Technology Substitute · 1 edit

MINOR

The bill was amended to transfer responsibility from the Department of Professional and Occupational Regulation to the Virginia Housing Commission. This change ensures the review of buyer disclosure laws is handled by the agency specifically tasked with housing policy rather than the general professional licensing body.

Scope change

The scope of the bill shifted from the Department of Professional and Occupational Regulation to the Virginia Housing Commission.

SCOPE

The agency responsible for conducting the review of statutory language regarding buyer disclosures was changed from the Department of Professional and Occupational Regulation to the Virginia Housing Commission.

Floor votes · Senate Mar 6, 2026 · House of Delegates Feb 17, 2026

How they voted

38–0

Passed · 1 other

Total votes 39

Mar 6, 2026

D Democratic20

20 Yea

100% Yea

R Republican19

18 Yea 1

94% Yea

Vote distribution

All Yea All Nay Mixed No data

Full legislative history

Actions timeline

Total actions

Key actions

Committee

Apr 13, 2026

Signed into law

Approved by Governor-Chapter 871 (effective 7/1/2026)

executive

Mar 31, 2026

Lower · Passed

Signed by Speaker

lower

Mar 30, 2026

Upper · Passed

Signed by President

upper

Mar 30, 2026

Lower · Passed

Bill text as passed House and Senate (HB1518ER)

lower

Mar 9, 2026

Upper · Passed

Passed Senate with substitute Block Vote (40-Y 0-N 0-A)

upper

Mar 6, 2026

Upper · Passed

Passed by for the day Block Vote (Voice Vote)

upper

Mar 4, 2026

Upper · Passed

Reported from General Laws and Technology with substitute (15-Y 0-N)

upper

Feb 25, 2026

Upper · Passed

Senate subcommittee offered

upper

Feb 25, 2026

Committee

Assigned GL&T sub: Housing

upper

Feb 18, 2026

Committee

Referred to Committee on General Laws and Technology

upper

Feb 17, 2026

Lower · Passed

Read third time and passed House (97-Y 0-N 0-A)

lower

Feb 12, 2026

Lower · Passed

Reported from General Laws with substitute (21-Y 0-N)

lower

Feb 12, 2026

Lower · Passed

House subcommittee offered

lower

Feb 2, 2026

Committee

Assigned HGL sub: Housing/Consumer Protection

lower

Jan 23, 2026

Committee

Referred to Committee on General Laws

lower

Jan 23, 2026

Introduced

Presented and ordered printed 26106159D

lower

1 primary · 0 co-sponsors