CODE OF VIRGINIA

RESALE OF MEMBERSHIPS (§ 59.1-331)

A. In the event of the resale of a membership by a purchaser who is neither a
membership camping operator nor any other person who is in the business of
offering for sale or transfer the rights under existing membership camping
contracts for a fee, such purchaser (hereinafter in this section called
“owner”) shall furnish to the new purchaser before the execution of
any instrument of conveyance a copy of the membership camping contract and a
certificate containing:

   1.  A statement disclosing any right of first refusal or other restraint on
   transfer of the membership.

   2.  A statement setting forth the amount of the periodic payments which are
   required by the contract including any amounts currently due and payable.

   3.  That the membership camping operator may have a valid reason for not
   transferring the contract to the new purchaser.

   4.  That there may have been changes in the rules or regulations concerning
   the rights and obligations of the membership camping operator or purchasers,
   including changes with respect to membership fees, dues, and assessments, or
   that some campgrounds or facilities may have been withdrawn.

   5.  Any other material changes or risks to the purchaser known to the owner.

B. The membership camping operator within ten days after receipt of a written
request by an owner, shall furnish the owner with a written certificate
containing the information necessary to enable the owner to comply with
subdivisions 1 and 2 of subsection A of this section. An owner providing such
certificate pursuant to subsection A is not liable to the purchaser for any
erroneous information provided by the membership camping operator and included
in the certificate. The membership camping operator is not liable to either the
owner or the new purchaser for any information not provided by him.

HISTORY: 1985, c. 409; 1992, c. 545.