{"formats":[{"name":"JSON","format":"json","url":"\/downloads\/2025\/code-json\/55.1-2201.json"},{"name":"Plain Text","format":"text","url":"\/downloads\/2025\/code-text\/55.1-2201.txt"},{"name":"XML","format":"xml","url":"\/downloads\/2025\/code-xml\/55.1-2201.xml"},{"name":"HTML","format":"html","url":"\/downloads\/2025\/code-html\/55.1-2201.html"}],"law_id":61697,"edition_id":1,"section_id":61697,"structure_id":14821,"section_number":"55.1-2201","catch_line":"Applicability","history":"Code 1950, \u00a7 55-361; 1981, c. 462; 1983, c. 59; 1985, c. 517, \u00a7 55-361.1; 1986, c. 359; 1989, c. 637; 1991, c. 704; 1994, c. 580; 2019, c. 712; 2020, c. 1011.","full_text":"A\n\nThis chapter shall have exclusive jurisdiction and shall apply to any product offering or disposition made within the Commonwealth after July 1, 1985, in a time-share project located within the Commonwealth. Sections 55.1-2200, 55.1-2201, 55.1-2202, 55.1-2203, 55.1-2204, 55.1-2206, 55.1-2210, 55.1-2211, 55.1-2213, 55.1-2215, 55.1-2216, 55.1-2220, 55.1-2227, 55.1-2229, 55.1-2230, 55.1-2232, 55.1-2233, 55.1-2237, and 55.1-2252 shall apply to a time-share project within the Commonwealth that was created prior to July 1, 1985.B\n\nThis chapter shall not affect rights or obligations created by preexisting provisions of any time-share instrument that transfers an estate or interest in real property.C\n\nThis chapter shall apply to any product offering or disposition in a time-share project located outside the Commonwealth and offered for sale in the Commonwealth with the exception that Articles 2 (&#xA7; 55.1-2207 et seq.), 3 (&#xA7; 55.1-2217 et seq.), and 4 (&#xA7; 55.1-2235 et seq.) shall apply only to the extent permitted by the laws of the situs.D\n\nThis chapter shall apply to any product offering or disposition in a time-share program, and offered for sale in the Commonwealth, created under a situs time-sharing law in which the time-share interests in the time-share program are either direct or indirect beneficial interests in a trust created pursuant to the situs time-sharing law or other applicable law of the situs.","order_by":null,"text":{"0":{"id":225283,"text":"This chapter shall have exclusive jurisdiction and shall apply to any product offering or disposition made within the Commonwealth after July 1, 1985, in a time-share project located within the Commonwealth. Sections 55.1-2200, 55.1-2201, 55.1-2202, 55.1-2203, 55.1-2204, 55.1-2206, 55.1-2210, 55.1-2211, 55.1-2213, 55.1-2215, 55.1-2216, 55.1-2220, 55.1-2227, 55.1-2229, 55.1-2230, 55.1-2232, 55.1-2233, 55.1-2237, and 55.1-2252 shall apply to a time-share project within the Commonwealth that was created prior to July 1, 1985.","type":"section","prefixes":["A"],"prefix":"A","entire_prefix":"A","prefix_anchor":"A","level":1,"next_prefix":"B"},"1":{"id":225284,"text":"This chapter shall not affect rights or obligations created by preexisting provisions of any time-share instrument that transfers an estate or interest in real property.","type":"section","prefixes":["B"],"prefix":"B","entire_prefix":"B","prefix_anchor":"B","level":1,"prior_prefix":"A","next_prefix":"C"},"2":{"id":225285,"text":"This chapter shall apply to any product offering or disposition in a time-share project located outside the Commonwealth and offered for sale in the Commonwealth with the exception that Articles 2 (&#xA7; 55.1-2207 et seq.), 3 (&#xA7; 55.1-2217 et seq.), and 4 (&#xA7; 55.1-2235 et seq.) shall apply only to the extent permitted by the laws of the situs.","type":"section","prefixes":["C"],"prefix":"C","entire_prefix":"C","prefix_anchor":"C","level":1,"prior_prefix":"B","next_prefix":"D"},"3":{"id":225286,"text":"This chapter shall apply to any product offering or disposition in a time-share program, and offered for sale in the Commonwealth, created under a situs time-sharing law in which the time-share interests in the time-share program are either direct or indirect beneficial interests in a trust created pursuant to the situs time-sharing law or other applicable law of the situs.","type":"section","prefixes":["D"],"prefix":"D","entire_prefix":"D","prefix_anchor":"D","level":1,"prior_prefix":"C"}},"ancestry":[{"id":14821,"edition_id":1,"name":"General Provisions","identifier":"1","label":"article","depth":4,"order_by":1,"parent_id":13543,"metadata":{},"date_created":"2026-06-26 03:50:08","date_modified":"2026-06-26 03:50:08","permalink":{"id":247471,"object_type":"structure","relational_id":14821,"identifier":"1","token":"55.1\/IV\/22\/1","url":"\/55.1\/IV\/22\/1\/","edition_id":1,"permalink":0,"preferred":1}},{"id":13543,"edition_id":1,"name":"Virginia Real Estate Time-Share Act","identifier":"22","label":"chapter","depth":3,"order_by":1,"parent_id":12914,"metadata":{},"date_created":"2026-06-26 03:45:10","date_modified":"2026-06-26 03:45:10","permalink":{"id":247469,"object_type":"structure","relational_id":13543,"identifier":"22","token":"55.1\/IV\/22","url":"\/55.1\/IV\/22\/","edition_id":1,"permalink":0,"preferred":1}},{"id":12914,"edition_id":1,"name":"Common Interest Communities","identifier":"IV","label":"subtitle","depth":2,"order_by":1,"parent_id":12707,"metadata":{},"date_created":"2026-06-26 03:44:01","date_modified":"2026-06-26 03:44:01","permalink":{"id":246473,"object_type":"structure","relational_id":12914,"identifier":"IV","token":"55.1\/IV","url":"\/55.1\/IV\/","edition_id":1,"permalink":0,"preferred":1}},{"id":12707,"edition_id":1,"name":"Property and Conveyances","identifier":"55.1","label":"title","depth":1,"order_by":1,"parent_id":null,"metadata":{},"date_created":"2026-06-26 03:43:49","date_modified":"2026-06-26 03:43:49","permalink":{"id":244769,"object_type":"structure","relational_id":12707,"identifier":"55.1","token":"55.1","url":"\/55.1\/","edition_id":1,"permalink":0,"preferred":1}}],"structure_contents":[{"id":56667,"structure_id":14821,"section_number":"55.1-2200","catch_line":"Definitions","url":"\/55.1-2200\/","token":"55.1\/IV\/22\/1\/55.1-2200","metadata":false},{"id":61697,"structure_id":14821,"section_number":"55.1-2201","catch_line":"Applicability","url":"\/55.1-2201\/","token":"55.1\/IV\/22\/1\/55.1-2201","metadata":false},{"id":75239,"structure_id":14821,"section_number":"55.1-2202","catch_line":"Administrative agency","url":"\/55.1-2202\/","token":"55.1\/IV\/22\/1\/55.1-2202","metadata":false},{"id":86282,"structure_id":14821,"section_number":"55.1-2203","catch_line":"Status of time-share estates with respect to real property interests","url":"\/55.1-2203\/","token":"55.1\/IV\/22\/1\/55.1-2203","metadata":false},{"id":68031,"structure_id":14821,"section_number":"55.1-2204","catch_line":"Applicability of local ordinances, regulations, and building codes","url":"\/55.1-2204\/","token":"55.1\/IV\/22\/1\/55.1-2204","metadata":false},{"id":64236,"structure_id":14821,"section_number":"55.1-2205","catch_line":"Use of terms","url":"\/55.1-2205\/","token":"55.1\/IV\/22\/1\/55.1-2205","metadata":false},{"id":63785,"structure_id":14821,"section_number":"55.1-2206","catch_line":"Severability of provisions of time-share instruments","url":"\/55.1-2206\/","token":"55.1\/IV\/22\/1\/55.1-2206","metadata":false}],"previous_section":{"id":56667,"structure_id":14821,"section_number":"55.1-2200","catch_line":"Definitions","url":"\/55.1-2200\/","token":"55.1\/IV\/22\/1\/55.1-2200","metadata":false},"next_section":{"id":75239,"structure_id":14821,"section_number":"55.1-2202","catch_line":"Administrative agency","url":"\/55.1-2202\/","token":"55.1\/IV\/22\/1\/55.1-2202","metadata":false},"metadata":false,"official_url":"https:\/\/law.lis.virginia.gov\/vacode\/55.1-2201\/","history_text":"<p>The record of this law\u2019s original creation isn\u2019t available online. It has been modified 9 times. Those modifications are cataloged by \u201cThe Acts of Assembly,\u201d a state publication, by year and chapter. Those modifications that can be read on the General Assembly\u2019s website will be linked accordingly. Those modifications are as follows: in 1981, chapter 462; in 1983, chapter 59; in 1985, chapter 517; in 1986, chapter 359; in 1989, chapter 637; in 1991, chapter 704; in 1994, chapter <a href=\"https:\/\/legacylis.virginia.gov\/cgi-bin\/legp604.exe?941+ful+CHAP0580\">580<\/a>; in 2019, chapter <a href=\"https:\/\/legacylis.virginia.gov\/cgi-bin\/legp604.exe?191+ful+CHAP0712\">712<\/a>; in 2020, chapter <a href=\"https:\/\/legacylis.virginia.gov\/cgi-bin\/legp604.exe?201+ful+CHAP1011\">1011<\/a>.<\/p>","references":[{"id":61697,"section_number":"55.1-2201","catch_line":"Applicability","order_by":null,"url":"\/55.1-2201\/"}],"refers_to":[{"id":56667,"section_number":"55.1-2200","catch_line":"Definitions","order_by":null,"url":"\/55.1-2200\/"},{"id":61697,"section_number":"55.1-2201","catch_line":"Applicability","order_by":null,"url":"\/55.1-2201\/"},{"id":75239,"section_number":"55.1-2202","catch_line":"Administrative agency","order_by":null,"url":"\/55.1-2202\/"},{"id":86282,"section_number":"55.1-2203","catch_line":"Status of time-share estates with respect to real property interests","order_by":null,"url":"\/55.1-2203\/"},{"id":68031,"section_number":"55.1-2204","catch_line":"Applicability of local ordinances, regulations, and building codes","order_by":null,"url":"\/55.1-2204\/"},{"id":63785,"section_number":"55.1-2206","catch_line":"Severability of provisions of time-share instruments","order_by":null,"url":"\/55.1-2206\/"},{"id":56514,"section_number":"55.1-2207","catch_line":"Time-sharing permitted","order_by":null,"url":"\/55.1-2207\/"},{"id":68868,"section_number":"55.1-2210","catch_line":"Developer control in time-share estate program","order_by":null,"url":"\/55.1-2210\/"},{"id":83628,"section_number":"55.1-2211","catch_line":"Time-share estate owners' association control liens","order_by":null,"url":"\/55.1-2211\/"},{"id":66226,"section_number":"55.1-2213","catch_line":"Time-share estate owners' association annual report","order_by":null,"url":"\/55.1-2213\/"},{"id":83312,"section_number":"55.1-2215","catch_line":"Partition","order_by":null,"url":"\/55.1-2215\/"},{"id":77213,"section_number":"55.1-2216","catch_line":"Termination of certain time-shares","order_by":null,"url":"\/55.1-2216\/"},{"id":64589,"section_number":"55.1-2217","catch_line":"Public offering statement","order_by":null,"url":"\/55.1-2217\/"},{"id":65782,"section_number":"55.1-2220","catch_line":"Escrow of deposits; use of corporate surety bond or irrevocable letter of credit","order_by":null,"url":"\/55.1-2220\/"},{"id":80782,"section_number":"55.1-2227","catch_line":"Resale of time-shares","order_by":null,"url":"\/55.1-2227\/"},{"id":60659,"section_number":"55.1-2229","catch_line":"Liens","order_by":null,"url":"\/55.1-2229\/"},{"id":80677,"section_number":"55.1-2230","catch_line":"Effect of violations on rights of action; attorney fees; prior determination of Common Interest Community Board required for certain violations","order_by":null,"url":"\/55.1-2230\/"},{"id":75281,"section_number":"55.1-2232","catch_line":"Class actions","order_by":null,"url":"\/55.1-2232\/"},{"id":62762,"section_number":"55.1-2233","catch_line":"Financial records","order_by":null,"url":"\/55.1-2233\/"},{"id":72776,"section_number":"55.1-2235","catch_line":"Financing of time-share programs","order_by":null,"url":"\/55.1-2235\/"},{"id":86681,"section_number":"55.1-2237","catch_line":"Protection of lien holder","order_by":null,"url":"\/55.1-2237\/"},{"id":54508,"section_number":"55.1-2252","catch_line":"Penalties","order_by":null,"url":"\/55.1-2252\/"}],"permalink":{"id":247477,"object_type":"law","relational_id":61697,"identifier":"55.1-2201","token":"55.1\/IV\/22\/1\/55.1-2201","url":"\/55.1-2201\/","edition_id":1,"permalink":0,"preferred":1},"url":"\/55.1-2201\/","token":"55.1\/IV\/22\/1\/55.1-2201","dublin_core":{"Title":"Applicability","Type":"Text","Format":"text\/html","Identifier":"\u00a7 55.1-2201","Relation":"Code of Virginia"},"html":"\n\t\t\t\t\t\t<section id=\"A\"><p><span class=\"prefix-number\">A.<\/span> This chapter shall have exclusive <span class=\"dictionary\">jurisdiction<\/span> and shall apply to any <span class=\"dictionary\">product<\/span> <span class=\"dictionary\">offering<\/span> or <span class=\"dictionary\">disposition<\/span> made within the Commonwealth after July 1, 1985, in a <span class=\"dictionary\">time-share project<\/span> located within the Commonwealth. Sections <a class=\"law\" title=\"Definitions\" href=\"\/55.1-2200\/\">55.1-2200<\/a>, <a class=\"law\" title=\"Applicability\" href=\"\/55.1-2201\/\">55.1-2201<\/a>, <a class=\"law\" title=\"Administrative agency\" href=\"\/55.1-2202\/\">55.1-2202<\/a>, <a class=\"law\" title=\"Status of time-share estates with respect to real property interests\" href=\"\/55.1-2203\/\">55.1-2203<\/a>, <a class=\"law\" title=\"Applicability of local ordinances, regulations, and building codes\" href=\"\/55.1-2204\/\">55.1-2204<\/a>, <a class=\"law\" title=\"Severability of provisions of time-share instruments\" href=\"\/55.1-2206\/\">55.1-2206<\/a>, <a class=\"law\" title=\"Developer control in time-share estate program\" href=\"\/55.1-2210\/\">55.1-2210<\/a>, <a class=\"law\" title=\"Time-share estate owners&#039; association control liens\" href=\"\/55.1-2211\/\">55.1-2211<\/a>, <a class=\"law\" title=\"Time-share estate owners&#039; association annual report\" href=\"\/55.1-2213\/\">55.1-2213<\/a>, <a class=\"law\" title=\"Partition\" href=\"\/55.1-2215\/\">55.1-2215<\/a>, <a class=\"law\" title=\"Termination of certain time-shares\" href=\"\/55.1-2216\/\">55.1-2216<\/a>, <a class=\"law\" title=\"Escrow of deposits; use of corporate surety bond or irrevocable letter of credit\" href=\"\/55.1-2220\/\">55.1-2220<\/a>, <a class=\"law\" title=\"Resale of time-shares\" href=\"\/55.1-2227\/\">55.1-2227<\/a>, <a class=\"law\" title=\"Liens\" href=\"\/55.1-2229\/\">55.1-2229<\/a>, <a class=\"law\" title=\"Effect of violations on rights of action; attorney fees; prior determination of Common Interest Community Board required for certain violations\" href=\"\/55.1-2230\/\">55.1-2230<\/a>, <a class=\"law\" title=\"Class actions\" href=\"\/55.1-2232\/\">55.1-2232<\/a>, <a class=\"law\" title=\"Financial records\" href=\"\/55.1-2233\/\">55.1-2233<\/a>, <a class=\"law\" title=\"Protection of lien holder\" href=\"\/55.1-2237\/\">55.1-2237<\/a>, and <a class=\"law\" title=\"Penalties\" href=\"\/55.1-2252\/\">55.1-2252<\/a> shall apply to a <span class=\"dictionary\">time-share project<\/span> within the Commonwealth that was created prior to July 1, 1985. <a id=\"paragraph-225283\" class=\"section-permalink\" href=\"https:\/\/vacode.org\/55.1-2201\/#A\"><i class=\"fa fa-link\"><\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t<section id=\"B\"><p><span class=\"prefix-number\">B.<\/span> This chapter shall not affect rights or obligations created by preexisting provisions of any <span class=\"dictionary\">time-share instrument<\/span> that <span class=\"dictionary\">transfers<\/span> an estate or interest in real property. <a id=\"paragraph-225284\" class=\"section-permalink\" href=\"https:\/\/vacode.org\/55.1-2201\/#B\"><i class=\"fa fa-link\"><\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t<section id=\"C\"><p><span class=\"prefix-number\">C.<\/span> This chapter shall apply to any <span class=\"dictionary\">product<\/span> <span class=\"dictionary\">offering<\/span> or <span class=\"dictionary\">disposition<\/span> in a <span class=\"dictionary\">time-share project<\/span> located outside the Commonwealth and offered for sale in the Commonwealth with the exception that Articles 2 (&#xA7; <a class=\"law\" title=\"Time-sharing permitted\" href=\"\/55.1-2207\/\">55.1-2207<\/a> et seq.), 3 (&#xA7; <a class=\"law\" title=\"Public offering statement\" href=\"\/55.1-2217\/\">55.1-2217<\/a> et seq.), and 4 (&#xA7; <a class=\"law\" title=\"Financing of time-share programs\" href=\"\/55.1-2235\/\">55.1-2235<\/a> et seq.) shall apply only to the extent permitted by the <span class=\"dictionary\">laws<\/span> of the <span class=\"dictionary\">situs<\/span>. <a id=\"paragraph-225285\" class=\"section-permalink\" href=\"https:\/\/vacode.org\/55.1-2201\/#C\"><i class=\"fa fa-link\"><\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t<section id=\"D\"><p><span class=\"prefix-number\">D.<\/span> This chapter shall apply to any <span class=\"dictionary\">product<\/span> <span class=\"dictionary\">offering<\/span> or <span class=\"dictionary\">disposition<\/span> in a <span class=\"dictionary\">time-share program<\/span>, and offered for sale in the Commonwealth, created under a <span class=\"dictionary\">situs<\/span> time-sharing <span class=\"dictionary\">law<\/span> in which the time-share interests in the <span class=\"dictionary\">time-share program<\/span> are either direct or indirect beneficial interests in a trust created pursuant to the <span class=\"dictionary\">situs<\/span> time-sharing <span class=\"dictionary\">law<\/span> or other applicable <span class=\"dictionary\">law<\/span> of the <span class=\"dictionary\">situs<\/span>. <a id=\"paragraph-225286\" class=\"section-permalink\" href=\"https:\/\/vacode.org\/55.1-2201\/#D\"><i class=\"fa fa-link\"><\/i><\/a><\/p><\/section>","plain_text":"                                 CODE OF VIRGINIA\n\nAPPLICABILITY (\u00a7 55.1-2201)\n\nA. This chapter shall have exclusive jurisdiction and shall apply to any product\noffering or disposition made within the Commonwealth after July 1, 1985, in a\ntime-share project located within the Commonwealth. Sections 55.1-2200,\n55.1-2201, 55.1-2202, 55.1-2203, 55.1-2204, 55.1-2206, 55.1-2210, 55.1-2211,\n55.1-2213, 55.1-2215, 55.1-2216, 55.1-2220, 55.1-2227, 55.1-2229, 55.1-2230,\n55.1-2232, 55.1-2233, 55.1-2237, and 55.1-2252 shall apply to a time-share\nproject within the Commonwealth that was created prior to July 1, 1985.\n\nB. This chapter shall not affect rights or obligations created by preexisting\nprovisions of any time-share instrument that transfers an estate or interest in\nreal property.\n\nC. This chapter shall apply to any product offering or disposition in a\ntime-share project located outside the Commonwealth and offered for sale in the\nCommonwealth with the exception that Articles 2 (&#xA7; 55.1-2207 et seq.), 3\n(&#xA7; 55.1-2217 et seq.), and 4 (&#xA7; 55.1-2235 et seq.) shall apply only to\nthe extent permitted by the laws of the situs.\n\nD. This chapter shall apply to any product offering or disposition in a\ntime-share program, and offered for sale in the Commonwealth, created under a\nsitus time-sharing law in which the time-share interests in the time-share\nprogram are either direct or indirect beneficial interests in a trust created\npursuant to the situs time-sharing law or other applicable law of the situs.\n\nHISTORY: Code 1950, \u00a7 55-361; 1981, c. 462; 1983, c. 59; 1985, c. 517, \u00a7\n55-361.1; 1986, c. 359; 1989, c. 637; 1991, c. 704; 1994, c. 580; 2019, c. 712;\n2020, c. 1011.","edition":{"id":1,"name":"2025","slug":"2025","date_created":"2026-06-21 22:39:22","date_modified":"2026-06-21 22:39:22","current":1,"order_by":1,"last_import":null}}