2012 House Bill 1110 is particularly important to property managers for residential properties, as it makes a number of changes to landlord-tenant law. Among its most prominent measures, the law:
- Brings Virginia law in line with federal law by permitting tenants in good standing to remain in a rental unit for up to 90 days following a foreclosure provided they pay their rent and comply with the terms of their lease.
- Allows electronic copies of leases to be admitted into evidence in a court of law, instead of requiring the original lease.
- Permits a property owner to remediate (i.e., clean up) mold on their own property even if they are not licensed as a mold remediator.
- Clarifies that the residential provisions of the Virginia Landlord Tenant Act apply only to dwelling units, not to commercial properties.
- Establishes that a landlord can charge a tenant the prorated, actual cost for insurance coverage relating to a rental property and an administrative fee for the administration of the insurance program.