Virginia 2025 Regular Session

Virginia Senate Bill SB1043

Introduced
1/7/25  
Refer
1/7/25  
Report Pass
1/15/25  
Engrossed
1/20/25  
Refer
2/5/25  
Report Pass
2/6/25  
Enrolled
2/17/25  
Chaptered
3/24/25  

Caption

Va. Residential Landlord & Tenant Act; terms and conditions of rental agreement, renewal notice.

Summary

SB1043 amends the Virginia Residential Landlord and Tenant Act to add and clarify rules governing rental agreements, lease renewal notices, and related landlord-tenant procedures. The bill preserves the general ability of landlords and tenants to negotiate lease terms, but it also sets default rules when no written rental agreement is offered, including a 12-month tenancy, monthly rent installments, a due date and late-payment threshold, a security deposit cap, and the ability to later convert the arrangement into a written lease. The bill also strengthens notice and documentation requirements. Landlords must provide the tenant rights and responsibilities statement, deliver a copy of the signed rental agreement within 10 business days, provide annual copies on request, and give written receipts for cash or money-order rent payments upon request. It further restricts unilateral lease changes unless both parties consent in writing, requires landlords to respond within 10 business days to sublessee or assignee applications when approval is required, and bars court action for alleged lease violations until the tenant rights statement has been provided. A major new feature is the renewal-notice requirement for larger landlords. Landlords who own more than four rental dwelling units, or more than a 10 percent interest in more than four units, must give at least 60 days' written notice of any rent increase for a renewal term and must also provide written notice of nonrenewal. This requirement does not apply to periodic tenancies created under the referenced statute. The bill’s impact is to make lease terms and renewal practices more transparent and predictable for tenants while imposing additional compliance duties on landlords, especially larger property owners. It affects the Virginia Residential Landlord and Tenant Act by codifying default lease terms, limiting late fees, formalizing notice obligations, and tying certain landlord remedies to prior delivery of tenant information. The overall sentiment appears strongly favorable, as reflected by unanimous Senate committee and floor votes and a substantial House majority. The main point of contention is likely the added administrative burden and notice obligations on landlords, particularly the 60-day renewal and nonrenewal notice rule and the restrictions on lease changes and litigation timing, but the recorded votes show broad bipartisan support rather than sharp division.

Impact

SB1043 amends § 55.1-1204 of the Code of Virginia within the Virginia Residential Landlord and Tenant Act. It adds default lease terms when no written rental agreement is offered, limits late fees to amounts authorized in the lease and capped by statute, requires written receipts for certain rent payments, imposes deadlines for landlord responses and document delivery, and creates a 60-day advance notice requirement for rent increases and nonrenewals for larger landlords. The bill primarily affects landlords, tenants, and property managers, with the greatest compliance impact on owners of more than four rental dwelling units.

Sentiment

The bill appears to have enjoyed broad support. It passed the Senate unanimously after being reported from committee with a substitute, and it later passed the House by a comfortable margin. The vote pattern suggests the measure was viewed as a tenant-protection and transparency bill with limited partisan conflict, even though it adds obligations for landlords.

Contention

The likely areas of contention are the new landlord obligations: the 60-day notice requirement for rent increases and nonrenewals, the prohibition on unilateral lease changes without written consent, the requirement to provide tenant-rights documentation before filing certain court actions, and the administrative burden of tracking and responding to requests for copies, receipts, and sublessee approvals. These provisions favor tenant notice and documentation rights, while landlords—especially larger owners—bear the compliance costs. The recorded votes, however, indicate that any disagreement was not strong enough to prevent broad passage.

Companion Bills

No companion bills found.

Similar Bills

No similar bills found.