Va. Code § 55.1-2205

Current with changes from the 2024 legislative session through ch. 845

Section 55.1-2205 - Use of terms

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.

Added by Acts 2019 c. 712, § 1, eff. 10/1/2019.