H.R. 3981 — To amend title 36, United States Code, to grant a Federal charter to the Veterans Association of Real Estate Professionals.

This section grants a federal charter to the Veterans Association of Real Estate Professionals, a California nonprofit veterans service organization qualifying under IRC §501(c)(19), by inserting new chapter 2302 in Part B of subtitle II of title 36, U.S. Code. The charter authorizes purposes including advocating for veteran homeownership and VA housing loans, providing financial literacy and workforce development, housing assistance (e.g., homelessness and foreclosure prevention), suicide prevention, and fostering real estate professional collaboration for veteran economic opportunities; limits powers to those in the organization's articles and bylaws; imposes restrictions prohibiting stock issuance, dividends, political activities, insider loans, asset inurement, and claims of U.S. authority; requires maintenance of tax-exempt status (with charter termination upon failure), recordkeeping, public access to documents, and annual reports to Congress; and provides for charter expiration upon noncompliance.