HB1252

Virginia HB1252 regulates algorithmic pricing devices used by landlords with over 100 rental units.

Virginia HB1252 amends the Virginia Residential Landlord and Tenant Act to address the use of algorithmic pricing devices by landlords with more than 100 rental units. Landlords must disclose the use of such devices and provide a summary of factors considered in determining rent. Misrepresentation, withholding of information, and deceptive practices related to algorithmic pricing are prohibited. The bill allows for civil penalties and injunctions for violations but does not create a private right of action or impose record-keeping obligations beyond standard business practices.