Code of Virginia (Last Updated:July 28, 2020) |
TITLE 55. Property and Conveyances |
CHAPTER 21. The Virginia Real Estate Time-Share Act |
ARTICLE 3. Protection of Purchasers |
SECTION 55-374. Public offering statement |
SECTION 55-374.1. Certain advertising practices regulated |
SECTION 55-374.2. Exchange programs |
SECTION 55-375. Escrow of deposits; use of corporate surety bond or irrevocable letter of credit |
SECTION 55-376. Purchaser's rights of cancellation |
SECTION 55-376.1. Possibility of reverter |
SECTION 55-376.2. Recording and delivery of deed |
SECTION 55-376.3. Liability limited; liability actions prohibited |
SECTION 55-376.4. Warning required |
SECTION 55-376.5. Buyer's Acknowledgment |
SECTION 55-377. Repealed |
SECTION 55-379. Repealed |
SECTION 55-380. Resale of time-shares |
SECTION 55-380.1. Required resale disclosures |
SECTION 55-381. Liens |
SECTION 55-382. Effect of violations on rights of action; attorney's fees; prior determination of Real Estate Board required for certain violations |
SECTION 55-383. Statute of limitations; actions; limitation on rescission rights |
SECTION 55-384. Class actions |
SECTION 55-385. Financial records |
SECTION 55-386. Developer's obligation to complete |