To amend title 36, United States Code, to grant a Federal charter to the Veterans Association of Real Estate Professionals.

This bill grants a federal charter to the Veterans Association of Real Estate Professionals, which is a nonprofit organization that provides housing counseling to veterans and active members of the Armed Forces.

Bill 118 hr 3240, also known as the Veterans Association of Real Estate Professionals Federal Charter Act, aims to amend title 36 of the United States Code to grant a Federal charter to the Veterans Association of Real Estate Professionals (VAREP).

The purpose of this bill is to officially recognize VAREP as a national organization dedicated to supporting and advocating for veterans in the real estate industry. By granting VAREP a Federal charter, the organization will receive formal recognition and support from the government, which will help them in their mission to provide resources, education, and opportunities for veterans seeking careers in real estate.

The bill does not propose any major changes to existing laws or regulations, but rather seeks to acknowledge the important work that VAREP does in assisting veterans in the real estate sector. By granting them a Federal charter, VAREP will be able to further expand their reach and impact, ultimately benefiting more veterans across the country. Overall, Bill 118 hr 3240 is a non-controversial piece of legislation that aims to support and empower veterans in the real estate industry through the recognition and formalization of the Veterans Association of Real Estate Professionals.