There is a newer version of the Code of Virginia
2016 Code of Virginia
Title 55 - Property and Conveyances
Chapter 21 - The Virginia Real Estate Time-Share Act
Article 1. General Provisions
- § 55-360. Title
- § 55-361. Repealed
- § 55-361.1. Applicability
- § 55-362. Definitions
- § 55-362.1. Administrative agency
- § 55-363. Status of time-share estates with respect to real property interests
- § 55-364. Applicability of local ordinances, regulations, and building codes
- § 55-364.1. Use of terms
- § 55-365. Repealed
- § 55-365.1. Severability of provisions of time-share instruments
Article 2. Creation, Termination, and Management
- § 55-366. Time-sharing permitted
- § 55-367. Instruments
- § 55-368. Time-share instrument for time-share estate project
- § 55-369. Developer control in time-share estate program
- § 55-370. Time-share estate owners' association control liens
- § 55-370.01. Time-share owners' association books and records; meetings; use of e-mail
- § 55-370.1. Time-share estate owners' association annual report
- § 55-371. Time-share instrument for project
- § 55-372. Partition
- § 55-373. Termination of certain time-shares
Article 3. Protection of Purchasers
- § 55-374. Public offering statement
- § 55-374.1. Certain advertising practices regulated
- § 55-374.2. Exchange programs
- § 55-375. Escrow of deposits
- § 55-376. Purchaser's rights of cancellation
- § 55-376.1. Possibility of reverter
- § 55-376.2. Recording and delivery of deed
- § 55-376.3. Liability limited; liability actions prohibited
- § 55-376.4. Warning required
- § 55-376.5. Buyer's Acknowledgment
- § 55-377. Repealed
- § 55-379. Repealed
- § 55-380. Resale of time-shares
- § 55-380.1. Required resale disclosures
- § 55-381. Liens
- § 55-382. Effect of violations on rights of action; attorney's fees; prior determination of Real Estate Board required for certain violations
- § 55-383. Statute of limitations; actions; limitation on rescission rights
- § 55-384. Class actions
- § 55-385. Financial records
- § 55-386. Developer's obligation to complete
Article 4. Financing
- § 55-387. Financing of time-share programs
- § 55-388. Purchaser's rights under developer's foreclosure
- § 55-389. Protection of lien holder
Article 5. Registration
- § 55-390. Registration of time-share program required
- § 55-391. Repealed
- § 55-391.1. Application for registration
- § 55-392. Repealed
- § 55-392.1. Filing fee
- § 55-393. Repealed
- § 55-393.1. Receipt of application; effectiveness of registration
- § 55-394. Repealed
- § 55-394.1. Annual report; amendments
- § 55-394.2. Termination of registration
- § 55-394.3. Registration required for time-share resellers; exemptions; prohibited practices
- § 55-394.4. Recordkeeping by resellers
- § 55-394.5. Alternative purchase; registration
- § 55-395. Repealed
Article 6. Administration
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