2006 Code of Virginia § 55-364.1 - Use of terms
55-364.1. Use of terms.
A developer in its offering or disposition of a time-share may useinterchangeably any term recognized in the industry, including withoutlimitation: "time-share," "time-share interest," "interval ownership,""interval ownership interest," "vacation ownership," "vacation ownershipinterest," and "product." A developer shall not use the term "incidentalbenefit" or "alternative purchase" except in the proper context.
(1994, c. 580.)
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