Code of Virginia (Last Updated:July 28, 2020) |
TITLE 55.1. Property and Conveyances |
SUBTITLE IV. Common Interest Communities |
CHAPTER 22. Virginia Real Estate Time-Share Act |
ARTICLE 3. Protection of Purchasers |
SECTION 55.1-2217. Public offering statement |
SECTION 55.1-2218. Certain advertising practices regulated |
SECTION 55.1-2219. Exchange programs |
SECTION 55.1-2220. Escrow of deposits; use of corporate surety bond or irrevocable letter of credit |
SECTION 55.1-2221. Purchaser's rights of cancellation |
SECTION 55.1-2222. Possibility of reverter |
SECTION 55.1-2223. Recording and delivery of deed |
SECTION 55.1-2224. Liability limited; liability actions prohibited |
SECTION 55.1-2225. Warning required |
SECTION 55.1-2226. Buyer's Acknowledgment |
SECTION 55.1-2227. Resale of time-shares |
SECTION 55.1-2228. Required resale disclosures |
SECTION 55.1-2229. Liens |
SECTION 55.1-2230. Effect of violations on rights of action; attorney fees; prior determination of Common Interest Community Board required for certain violations |
SECTION 55.1-2231. Statute of limitations; actions; limitation on rescission rights |
SECTION 55.1-2232. Class actions |
SECTION 55.1-2233. Financial records |
SECTION 55.1-2234. Developer's obligation to complete |