The CRESPA bond requirement is being increased, according to this announcement from the Virginia State Bar.
An amendment to Code ยง 6.1-2.21 increasing the minimum CRESPA surety bond from $100,000 to $200,000 will be effective on July 1, 2008.
UPDATE: Here’s an update on Thursday afternoon, direct from the VSB Executive Committee which is meeting in Smithfield. […]
Entries Tagged as 'CRESPA'
CRESPA bond is doubled
April 10th, 2008 · No Comments · CRESPA, Virginia State Bar
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