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2024 SESSION
HB 918 Virginia Real Estate Time-Share Act; termination without cause.
Introduced by: Irene Shin | all patrons ... notes | add to my profiles
SUMMARY AS INTRODUCED:
Virginia Real Estate Time-Share Act; termination without cause. Provides purchasers of any time-share within the Commonwealth a right to terminate such time-share if, at least 10 years after the initial purchase, the purchaser has paid the entire purchase price of such time-share and does not have any outstanding obligations in regard to the property.
FULL TEXT
HISTORY
- 01/09/24 House: Prefiled and ordered printed; offered 01/10/24 24100766D
- 01/09/24 House: Referred to Committee on General Laws
- 01/26/24 House: Assigned GL sub: Housing/Consumer Protection
- 02/01/24 House: Subcommittee recommends striking from docket (8-Y 0-N)
- 02/06/24 House: Stricken from docket by General Laws (20-Y 0-N)