Any seller of a time-sharing plan shall be a licensed real estate salesman, broker, or broker-salesman, pursuant to chapter forty-seven of the code or its successor, and shall be subject to all of the provisions of that article. This section shall not apply to those individuals who are exempt from chapter forty-seven of the code or to those time-sharing plans which are registered with the securities and exchange commission.
Structure West Virginia Code
Chapter 36. Estates and Property
Article 9. West Virginia Real Estate Time-Sharing Act
§36-9-5. Contracts for Purchase of Time-Share Periods
§36-9-6. Public Offering Statement
§36-9-7. Escrow Accounts; Surety Bonds; Nondisturbance Instruments
§36-9-8. Reservation Agreements; Escrows
§36-9-10. Advertising Materials
§36-9-11. Recordkeeping by Seller
§36-9-13. Discharge of Managing Entity
§36-9-14. Assessment of Common Expenses
§36-9-15. Liens for Overdue Assessments; Mechanic’s Liens, Insurance
§36-9-15a. Trustee’s Sale of Timeshare Estates
§36-9-16. Transfer of Seller's Interest to Third Party
§36-9-18. License Required to Sell
§36-9-19. Purchaser's Remedies
§36-9-23. Regulation by Division
§36-9-24. Annual Fee for Each Time-Share Period in Plan