{"data":{"id":"us-wv/w.-va.-code-36-9-16","jurisdiction":"us-wv","citation":"W. Va. Code § 36-9-16","heading":"Transfer of seller's interest to third party.","body":"No seller shall sell, lease, assign, mortgage or otherwise transfer the seller's interest in the accommodations or facilities of a time-sharing plan to a third party, unless:\n(a) The third party agrees in writing to honor fully the rights of purchasers of the time-sharing plan to occupy and use the accommodations or facilities;\n(b) The third party agrees in writing to honor fully the rights of purchasers of the time-sharing plan to cancel their contracts and receive appropriate refunds, as provided in this article;\n(c) The third party agrees in writing to comply with the provisions of this article for as long as the third party continues to sell the time-sharing plan or for as long as purchasers of the time-sharing plan are entitled to occupy the accommodations or use the facilities, whichever is longer in time;\n(d) The third party agrees to assume all obligations of the seller to purchasers; and\n(e) Notice is mailed to each purchaser of the time-sharing plan affected thereby within thirty days of the sale, lease, assignment or other transfer.\nPersons who hold mortgages on the property constituting a time-sharing plan before the public offering statement of such plan is approved by the division shall not be considered third parties for the purposes of this section.","path":["CHAPTER 36. ESTATES AND PROPERTY.","ARTICLE 9. WEST VIRGINIA REAL ESTATE TIME-SHARING ACT."],"source_url":"https://code.wvlegislature.gov/36-9-16/","current_through":"as of 2026-08-03; contains at least the enactments of the 2026 Regular Session","vintage":"","retrieved_at":"2026-09-06T00:29:02Z","sha256":"145ffa30b7478ea11eaf55d54a26dd70c4084a8be9734487550c8ffff01bb24d","source_id":"us-wv","stale":true,"prev":"us-wv/w.-va.-code-36-9-15a","next":"us-wv/w.-va.-code-36-9-17"},"notice":"GroundRules: Original legal text. Not legal advice."}