Statutes, codes, and regulations
Virginia Administrative Code
Title 18 - PROFESSIONAL AND OCCUPATIONAL LICENSINGAgency 48 - COMMON INTEREST COMMUNITY BOARDChapter 45 - TIME-SHARE REGULATIONS
Part V - Public Offering Statement
Section 18VAC48-45-260 - Narrative sections; restrictions on transfer

18 Va. Admin. Code § 48-45-260

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Current through Register Vol. 41, No. 6, November 4, 2024
Section 18VAC48-45-260 - Narrative sections; restrictions on transfer

The public offering statement shall include a section captioned "Restrictions on Transfer." The section shall describe and explain limitations on leasing or other restraints on free alienability created by the time-share instrument or the rules and regulations of the association that affect a time-share owner's right to resell, lease, or otherwise transfer an interest in the time-share.

18 Va. Admin. Code § 48-45-260

Derived From Virginia Register Volume 32, Issue 10, eff. 3/1/2016; Amended, Virginia Register Volume 37, Issue 03, eff. 12/1/2020.

Statutory Authority: §§ 54.1-2349 and 55.1-2247 of the Code of Virginia.