Protection Of Purchasers
This is Article 3 of the Code of Virginia, titled “Protection Of Purchasers.” It is part of Title 55, titled “Property And Conveyances.” It is part of Chapter 21, titled “The Virginia Real Estate Time-share Act.” It’s comprised of the following 20 sections.
- § 55-374
- Public offering statement
- § 55-374.1
- Certain advertising practices regulated
- § 55-374.2
- Exchange programs
- § 55-375
- Escrow of deposits
- § 55-376
- Purchaser's rights of cancellation
- § 55-376.1
- Possibility of reverter
- § 55-376.2
- Recording and delivery of deed
- § 55-376.3
- Liability limited; liability actions prohibited
- § 55-376.4
- Warning required
- § 55-376.5
- Buyer's Acknowledgment
- § 55-377
- Repealed
- § 55-379
- Repealed
- § 55-380
- Resale of time-shares
- § 55-380.1
- Required resale disclosures
- § 55-381
- Liens
- § 55-382
- Effect of violations on rights of action; attorney's fees; prior determination of Real Estate Board required for certain violations
- § 55-383
- Statute of limitations; actions; limitation on rescission rights
- § 55-384
- Class actions
- § 55-385
- Financial records
- § 55-386
- Developer's obligation to complete