Which regulation outlines how the VREB carries out its responsibilities?

The Virginia Administrative Code Title 18, Agency 135 is the regulation that outlines how the Virginia Real Estate Board (VREB) carries out its responsibilities. This code provides a comprehensive framework for the operations, duties, and powers of the VREB, detailing the rules and regulations that govern real estate practices in Virginia.

It encompasses the licensing of real estate professionals, the enforcement of statutes surrounding real estate transactions, and the maintenance of professional standards within the industry. The clear structure provided by the Administrative Code ensures that all stakeholders are aware of the legal obligations and processes in place, thereby promoting transparency and accountability in real estate practices.

The other options, while relevant to real estate in some context, do not specifically define the operational regulations of the VREB. The Virginia Real Estate Act establishes the primary laws governing real estate transactions but does not detail how the VREB implements those laws. The Real Estate Settlement Procedures Act addresses settlement practices and consumer protections but is a federal statute not focused specifically on the operations of the VREB. The Virginia Property Disclosure Regulation pertains to requirements for property disclosures during sales and does not encompass the broader regulatory framework within which the VREB operates.