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HB918

Virginia Real Estate Time-Share Act; termination without cause.

Status:
Killed

Chief Patron:
Irene Shin (D)

Session:
2024 Regular Session

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.
  • Bill History

  • 01/09/2024 - House: Prefiled and ordered printed; offered 01/10/24 24100766D
  • 01/09/2024 - House: Referred to Committee on General Laws
  • 01/24/2024 - House: Impact statement from DPB (HB918)
  • 01/26/2024 - House: Assigned GL sub: Housing/Consumer Protection
  • 02/01/2024 - House: Subcommittee recommends striking from docket (8-Y 0-N)
  • 02/06/2024 - House: Stricken from docket by General Laws (20-Y 0-N)

Full text and vote history:

Virginia Legislative Information System

RichmondSunlight.com


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