Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
General Landlording & Rental Properties
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 6 years ago on . Most recent reply

User Stats

3
Posts
0
Votes
Laura H.
  • Pensacola, FL
0
Votes |
3
Posts

2 Virginia rentals: should I opt out of the VRLTA?

Laura H.
  • Pensacola, FL
Posted

Hello, I am preparing a lease for a SF rental in Virginia.  There were changes made to the law in 2017, basically stating that the VRLTA (Virginia Residential Landlord Tenant Act) applies to all residential leases but a landlord w/ 2 or fewer SF rentals can opt out by so stating in the lease (Va. sec. 55-428.3:1(B)).  If the landlord opts out, then a different code section (sec. 55-225.01 - 55-225.48) applies.  

This is my second rental.  I've looked over both code sections and my impression is that the non-VRLTA sections are slightly less onerous than the VRLTA but don't see any big differences.  would like to know if anyone has insight here?  TIA.

Most Popular Reply

User Stats

404
Posts
203
Votes
Matt Clark
  • Roanoke, VA
203
Votes |
404
Posts
Matt Clark
  • Roanoke, VA
Replied

Laura H. I don’t see any reason to opt out. The general assembly seems pretty focused on making the language of 55-225 mirror that of 55.248 anyway. There’s another round of such updates that takes effect July 1 of this year.

I believe the VRLTA is actually favorable to a fair/honest landlord anyway. And of the two, it’s the body of law that judges are most familiar with. So I imagine it would influence their decisions in court whether you opted out or not.

Loading replies...