Real Estate Time-Share Act; right of time-share owner to surrender time-share. (HB1330)
Introduced By
Del. John Cosgrove (R-Chesapeake)
Progress
√ |
Introduced |
X |
Passed Committee |
☐ |
Passed House |
☐ |
Passed Senate |
☐ |
Signed by Governor |
☐ |
Became Law |
Description
Virginia Real Estate Time-Share Act; right to surrender time-share. Gives a time-share owner the right to surrender his time-share and be relieved of any further obligations related to the time-share provided certain conditions specified in the bill are met. The bill provides that the developer shall be under no obligation to pay any maintenance fee, assessment, special assessment, or any other charge however denominated on any time-share surrendered. View Full Text »

