Section 55.1-3202 - Prohibited termsA. No real estate service agreement that is effective and binding for more than one year from the effective date shall: 1. Purport to run with the land or bind future owners of interests in the residential real property identified in the service agreement;2. Allow the service provider to assign or transfer the right to provide services under the service agreement without notice to and written agreement of all parties to the service agreement; or3. Purport to create a lien, encumbrance, or other real property security interest on the residential real property identified in the service agreement.B. Offering a real estate service agreement that violates subsection A to a consumer constitutes a prohibited practice under the provisions of § 59.1-200 and shall be subject to the provisions of the Virginia Consumer Protection Act (§ 59.1-196 et seq.). Nothing in this subsection shall be construed to prevent an individual from pursuing any other remedy available by law.Added by Acts 2024 c. 362,§ 1, eff. 7/1/2024.Added by Acts 2024 c. 328,§ 1, eff. 7/1/2024.