{"data":{"id":"us-va/18vac48-45-740","jurisdiction":"us-va","citation":"18VAC48-45-740","heading":"Time-share advertising standards","body":"A. No promise, assertion, representation, or statement of fact or opinion in connection with a time-share marketing activity shall be made that is false, inaccurate, or misleading by reason of inclusion of an untrue statement of a material fact or omission of a statement of a material fact relative to the actual or intended characteristics, circumstances, or features of a time-share program.\n\nB. No promise, assertion, representation, or statement of fact or opinion made in connection with a time-share marketing activity shall indicate that a unit or common element will be built or placed on the time-share unless proposed within the meaning of subsection A of 18VAC48-45-200.\n\nC. No promise, assertion, representation, or statement of fact or opinion made in connection with a time-share marketing activity and relating to a time-share  program not registered shall, by its express terms, induce, solicit, or encourage a contract for sale or performing some other act that would create or purport to create a legal or equitable interest in the time-share, other than a security interest in or a nonbinding reservation of the time-share, when to do so would circumvent the provisions of the Virginia Real Estate Time-Share Act.","path":["Title 18. Professional And Occupational Licensing","Agency 48. Common Interest Community Board","Chapter 45. Time-Share Regulations","Part X. Board Authority and Standards of Conduct"],"source_url":"https://law.lis.virginia.gov/admincode/title18/agency48/chapter45/section740/","current_through":"2026 Regular Session (effective July 1, 2026)","vintage":"","retrieved_at":"2026-09-14T04:52:33Z","sha256":"b339e602003fc9266e6ae79aeff81f27b2e98e8c4cfbd503e08a4f1bf2965aa6","source_id":"us-va-vac","stale":false,"prev":"us-va/18vac48-45-730","next":"us-va/18vac48-45-750"},"notice":"GroundRules: Original legal text. Not legal advice."}