Va. Code § 55.1-2205: Use of terms
Where this section sits in the code
- Title 55.1. Property and Conveyances
- Subtitle IV. Common Interest Communities
- Chapter 22. Virginia Real Estate Time-Share Act
- Article 1. General Provisions
A developer in its offering or disposition of a time-share may use interchangeably any term recognized in the industry, including "time-share," "time-share interest," "interval ownership," "interval ownership interest," "vacation ownership," "vacation ownership interest," and "product." A developer shall not use the term "incidental benefit" or "alternative purchase" except in the proper context.1994, c. 580, § 55-364.1; 2019, c. 712.
Collected 2026-09-04T15:17:29Z. Source file · JSON