Bill > HB15

This bill amends the Virginia Residential Landlord and Tenant Act by increasing the mandatory waiting period for landlords to pursue remedies for termination of a rental agreement from five days to 14 days when a tenant fails to pay rent. Specifically, the bill changes the timeline for when a landlord can serve a written notice and potentially terminate a rental agreement due to nonpayment of rent. If a tenant does not pay rent within 14 days after receiving written notice about their nonpayment and the landlord's intention to terminate the rental agreement, the landlord may then proceed to terminate the agreement and seek possession of the premises. This change applies to situations involving both unpaid rent and situations where a rent payment has been returned due to insufficient funds or a stop-payment order. The bill aims to provide tenants with a slightly longer period to remedy rental payment issues before facing potential eviction, potentially offering more protection and time for tenants to resolve financial difficulties.

Business and Industry, Housing and Urban Affairs, Justice

https://lis.virginia.gov/bill-details/20261/HB15