Is commingling legal in Virginia?
Question & Answer
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No
Yes, under Timeshare Act
The Timeshare Act does not override the general prohibition against commingling in Virginia. While timeshare regulations have specific requirements, they don't permit commingling of funds.
Sometimes, with buyer permission
Buyer permission does not override Virginia's prohibition against commingling. Licensees cannot legally commingle funds even with client consent.
Sometimes, with seller permission
Seller permission does not override Virginia's prohibition against commingling. The law applies regardless of whether the buyer or seller gives permission.
Why is this correct?
Commingling is illegal.
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