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§ 55.1-2200. Definitions - As used in this chapter, or in a time-share instrument,...
§ 55.1-2201. Applicability - A. This chapter shall have exclusive jurisdiction and shall apply...
§ 55.1-2202. Administrative agency - The Common Interest Community Board shall administer this chapter. 1985,...
§ 55.1-2203. Status of time-share estates with respect to real property interests - A. A document transferring or encumbering a time-share estate shall...
§ 55.1-2204. Applicability of local ordinances, regulations, and building codes - A zoning, subdivision, or other ordinance or regulation shall not...
§ 55.1-2205. Use of terms - A developer in its offering or disposition of a time-share...
§ 55.1-2206. Severability of provisions of time-share instruments - All provisions of the time-share instruments shall be deemed severable,...
§ 55.1-2207. Time-sharing permitted - A time-share project shall be permitted on any land or...
§ 55.1-2208. Instruments - A. In order to create a time-share program for a...
§ 55.1-2209. Time-share instrument for time-share estate project - In addition to the requirements of § 55.1-2208, the time-share...
§ 55.1-2210. Developer control in time-share estate program - A. The time-share instrument for a time-share estate program shall...
§ 55.1-2211. Time-share estate owners' association control liens - A. The board of directors of the association shall have...
§ 55.1-2212. Time-share owners' association books and records; meetings; use of email - A. Subject to the provisions of subsection B, all books...
§ 55.1-2213. Time-share estate owners' association annual report - A. Commencing with the time-share estate program and within 180...
§ 55.1-2214. Time-share instrument for project - In addition to the requirements of § 55.1-2208, the time-share...
§ 55.1-2215. Partition - No action for partition of a unit may be maintained...
§ 55.1-2216. Termination of certain time-shares - A. This section applies to all time-share estate programs and,...
§ 55.1-2217. Public offering statement - A. Prior to the execution of a contract for the...
§ 55.1-2218. Certain advertising practices regulated - A. Any offering that includes a gift or prize shall...
§ 55.1-2219. Exchange programs - A. Any exchange company that offers an exchange program in...
§ 55.1-2220. Escrow of deposits; use of corporate surety bond or irrevocable letter of credit - A. Any deposit made in connection with the purchase or...
§ 55.1-2221. Purchaser's rights of cancellation - A. A purchaser shall have the right to cancel the...
§ 55.1-2222. Possibility of reverter - A. A possibility of reverter contained in a reverter deed...
§ 55.1-2223. Recording and delivery of deed - At such time as the time-share estate purchaser has fulfilled...
§ 55.1-2224. Liability limited; liability actions prohibited - A. Except as provided in subsection B, a project professional...
§ 55.1-2225. Warning required - A. The developer, association, or other project professional shall post...
§ 55.1-2226. Buyer's Acknowledgment - A. Prior to the execution of a purchase contract, a...
§ 55.1-2227. Resale of time-shares - A. In the event of any resale of a time-share...
§ 55.1-2228. Required resale disclosures - A. In addition to the requirements of § 55.1-2242, before...
§ 55.1-2229. Liens - A. In the case of time-share estate transfers, unless the...
§ 55.1-2230. Effect of violations on rights of action; attorney fees; prior determination of Common Interest Community Board required for certain violations - A. If a developer or any other person subject to...
§ 55.1-2231. Statute of limitations; actions; limitation on rescission rights - A. Except as otherwise provided in § 55.1-2237, a judicial...
§ 55.1-2232. Class actions - A. No time-share owner can bring an action on behalf...
§ 55.1-2233. Financial records - The person or entity responsible for either making or collecting...
§ 55.1-2234. Developer's obligation to complete - A. The developer shall complete all promised and incomplete units...
§ 55.1-2235. Financing of time-share programs - In the developer's financing of a time-share program, the developer...
§ 55.1-2236. Purchaser's rights under developer's foreclosure - The developer whose project is subject to an underlying blanket...
§ 55.1-2237. Protection of lien holder - Any lien holder of a time-share interest in any time-share...
§ 55.1-2238. Registration of time-share program required - A. A developer may not offer or dispose of any...
§ 55.1-2239. Application for registration - A. The application for registration shall be filed in a...
§ 55.1-2240. Filing fee - The Board may by regulation establish reasonable fees for registration....
§ 55.1-2241. Receipt of application; effectiveness of registration - A. Upon receipt of the application for registration in proper...
§ 55.1-2242. Annual report; amendments - A. The developer shall file a report in the form...
§ 55.1-2243. Termination of registration - A. In a time-share estate program, if the annual report...
§ 55.1-2244. Registration required for time-share resellers; exemptions; prohibited practices - A. A reseller shall not provide or offer to provide...
§ 55.1-2245. Recordkeeping by resellers - A. If contact information has been obtained by a reseller...
§ 55.1-2246. Alternative purchase; registration - A. The application for registration of an alternative purchase shall...
§ 55.1-2247. General powers and duties of Board - A. The Board may adopt, amend, and repeal rules and...
§ 55.1-2248. Cancellation of cease and desist order; reinstatement of registration of developer - A. The Board shall stipulate to the developer or reseller...
§ 55.1-2249. Board regulation of public offering statement - The Board may at any time require a developer to...
§ 55.1-2250. Proceedings and investigations - A. All proceedings of the Board under this chapter shall...
§ 55.1-2251. Repealed - Repealed by Acts 2019, c. 499, cl. 2.
§ 55.1-2252. Penalties - A. Any person who willfully violates any of the provisions...