Code of Virginia (Last Updated:July 28, 2020) |
TITLE 54.1. Professions and Occupations |
SUBTITLE II. Professions and Occupations Regulated By the Department of Professional and Occupational Regulation and Boards Within the Department |
CHAPTER 6. Auctioneers |
SECTION 54.1-607. Advertising; absolute auctions involving real property |
A. No advertisements for any auction sale of personal or real property shall contain false, misleading, or deceptive statements, with respect to types or conditions of merchandise offered at auction, why merchandise is being sold, who has ownership, where the merchandise was obtained, or the terms and conditions of the auction and sale. B. No auctioneer shall advertise an auction sale of real property as "absolute" unless all lots included in the sale meet that criteria. 2003, c. 367 . |