Use of terms

Va. Code Ann. § 55.1-2205
in effect
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A developer in its offering or disposition of a time-share may use interchangeably any term recognized in the industry, including "time-share," "time-share interest," "interval ownership," "interval ownership interest," "vacation ownership," "vacation ownership interest," and "product." A developer shall not use the term "incidental benefit" or "alternative purchase" except in the proper context. 1994, c. 580 , § 55-364.1; 2019, c. 712 .
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://law.lis.virginia.gov/vacode/55.1-2205/Fetched: 10/16/2026

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Va. Code Ann. § 55.1-2205 — Use of terms | Code of Virginia (Aug. 2026 snapshot) | Corpus