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 »

Outcome

Bill Has Failed
View Bill's History