Protection of Cooperative Purchasers

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This is Article 4 of the Code of Virginia, titled “Protection of Cooperative Purchasers.” It is part of Chapter 21 “Virginia Real Estate Cooperative Act”, which is part of Subtitle IV “Common Interest Communities”, which is part of Title 55.1 “Property and Conveyances”.

It’s comprised of the following 20 sections.

§ 55.1-2153	Applicability; waiver
§ 55.1-2154	Liability for public offering statement; requirements
§ 55.1-2155	Public offering statement; general provisions
§ 55.1-2156	Public offering statement; cooperatives subject to development rights
§ 55.1-2157	Public offering statement; time-shares
§ 55.1-2158	Public offering statement; cooperatives containing conversion building
§ 55.1-2159	Public offering statement; cooperative securities
§ 55.1-2160	Purchaser's right to cancel
§ 55.1-2161	Repealed
§ 55.1-2162	Escrow of deposits
§ 55.1-2163	Release of liens
§ 55.1-2164	Conversion buildings
§ 55.1-2165	Express warranties of quality
§ 55.1-2166	Implied warranties of quality
§ 55.1-2167	Exclusion or modification of implied warranties of quality
§ 55.1-2168	Statute of limitations for warranties
§ 55.1-2169	Effect of violation on rights of action; attorney fees; arbitration of disputes
§ 55.1-2170	Labeling of promotional material
§ 55.1-2171	Declarant's obligation to complete and restore
§ 55.1-2172	Substantial completion of units