{"data":{"id":"us-va/va.-code-55.1-2157","jurisdiction":"us-va","citation":"Va. Code § 55.1-2157","heading":"Public offering statement; time-shares","body":"If the declaration provides that ownership of cooperative interests or occupancy of any units is or may be in time-shares, the public offering statement shall disclose, in addition to the information required by § 55.1-2155:1. The number and identity of units in which time-shares may be created;2. The total number of time-shares that may be created;3. The minimum duration of any time-shares that may be created; and4. The extent to which the creation of time-shares will or may affect the enforceability of the association's lien for assessments provided in § 55.1-2149.1982, c. 277, § 55-480; 2019, c. 712.","path":["Title 55.1. Property and Conveyances","Subtitle IV. Common Interest Communities","Chapter 21. Virginia Real Estate Cooperative Act","Article 4. Protection of Cooperative Purchasers"],"source_url":"https://law.lis.virginia.gov/vacode/55.1-2157/","current_through":"9/4/2026","vintage":"","retrieved_at":"2026-09-04T15:17:29Z","sha256":"76691e54fbade58a501a6d054bce2aaf1c68ae476c41e699add8dcf560bb7e85","source_id":"us-va","stale":true,"prev":"us-va/va.-code-55.1-2156","next":"us-va/va.-code-55.1-2158"},"notice":"GroundRules: Original legal text. Not legal advice."}