2006 Code of Virginia § 36-96.20 - Additional powers of the Real Estate Board; action on real estate licenses

36-96.20. Additional powers of the Real Estate Board; action on real estatelicenses.

A. In any case in which the Board has received or initiated a complaint andconducted an investigation of any violation of this chapter and determinedthat there exists reasonable cause to believe that a real estate broker, realestate salesperson, real estate brokerage firm licensed in accordance withChapter 21 ( 54.1-2100 et seq.), or their agents or employees have engagedin discriminatory housing practices prohibited by the Virginia Fair HousingLaw ( 36-96.1 et seq.) or the Virginia Equal Credit Opportunity Act (59.1-21.19 et seq.), the Board shall immediately attempt to resolve thematter by conference and conciliation, and upon failure to resolve the matterin such manner, may initiate an administrative hearing to determine whetherto revoke, suspend or fail to renew the license or licenses in question. Notless than 10 days prior to the initial conference hereunder, the Board shallprepare and deliver to the respondent or respondents a written report settingforth the scope, findings and conclusions of the investigation conductedunder this section.

B. If any person operating under a real estate license issued by the Board,pursuant to the provisions of Chapter 21 ( 54.1-2100 et seq.) of Title 54.1,is found by a court to have violated any provision of this chapter and thisfact is so certified to the Board, the Board, after notification to thelicensee, shall take appropriate action to consider suspension or revocationof the license of the licensee.

(1972, c. 591, 36-94, 36-95.2; 1973, c. 372; 1975, c. 566; 1984, c. 271;1987, c. 167; 1991, c. 557; 1992, c. 84; 2003, c. 575.)

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