Disclosures
Dual Agency – A licensee acting as an agent for both the buyer and seller must have each party sign a written disclosure of dual agency or dual representation.[1]
Virginia Commercial Real Estate Purchase and Sale Agreement
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Updated November 17, 2025
A Virginia commercial real estate purchase and sale agreement contains the terms governing a buyer's offer to purchase a commercial property. The seller can choose to accept the offer, decline the offer, or continue the negotiation process by submitting a counterproposal with amendments made where necessary.