HB918
Virginia Real Estate Time-Share Act; termination without cause.
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)