Va. Code Ann. § 55.1-2205

Use of terms

Last amended: 2019Year: 2026Length: 62 wordsOfficial source
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 .
Va. Code Ann. § 55.1-2205: Use of terms | Justis AI