Skip to main content
CourtGPT logoCourtGPT
Directory
Law
For Attorneys
Blog
AppointmentsSign InSign Up
§ 55-1-2157 — Virginia Law | CourtGPT
  1. Home/
  2. Laws/
  3. Virginia/
  4. Title 55.1 - Property and Conveyances/
  5. Chapter 21/
  6. § 55-1-2157
Virginia Legal Code

§ 55-1-2157

Ask AI about this
If the declaration provides that ownership of cooperative interests or occupancy of any units is or may be in time-shares, the public offering statement shall disclose, in addition to the information required by § 55.1-2155:\n1. The number and identity of units in which time-shares may be created;\n2. The total number of time-shares that may be created;\n3. The minimum duration of any time-shares that may be created; and\n4. The extent to which the creation of time-shares will or may affect the enforceability of the association's lien for assessments provided in § 55.1-2149.\n1982, c. 277, § 55-480; 2019, c. 712.