{"formats":[{"name":"JSON","format":"json","url":"\/downloads\/2025\/code-json\/55.1-2209.json"},{"name":"Plain Text","format":"text","url":"\/downloads\/2025\/code-text\/55.1-2209.txt"},{"name":"XML","format":"xml","url":"\/downloads\/2025\/code-xml\/55.1-2209.xml"},{"name":"HTML","format":"html","url":"\/downloads\/2025\/code-html\/55.1-2209.html"}],"law_id":66509,"edition_id":1,"section_id":66509,"structure_id":14759,"section_number":"55.1-2209","catch_line":"Time-share instrument for time-share estate project","history":"1981, c. 462, \u00a7 55-368; 1985, c. 517; 1989, c. 637; 1991, c. 704; 1994, c. 580; 1998, c. 460; 2019, c. 712.","full_text":"In addition to the requirements of \u00a7 55.1-2208, the time-share instrument for a time-share estate project shall outline or prescribe reasonable arrangements for the management and operation of the time-share estate program and for the maintenance, repair, and furnishing of units it comprises, which shall include provisions for the following:\n\n1\n\nCreation of an association, the members of which shall be the time-share estate owners. The association may be formed pursuant to the Virginia Nonstock Corporation Act (§ 13.1-801 et seq.); however, the association shall be formed prior to the time the project and program are registered with the Board. Nothing shall affect the validity of the association, once formed, and the rights applicable to it as granted by this chapter, notwithstanding the time when such association was formed;2\n\nPayment of costs and expenses of operating the time-share estate program and owning and maintaining the units it comprises;3\n\nEmployment and termination of employment of the managing agent for the project. Any agreement pertaining to the employment of the managing agent and executed during the developer control period shall be voidable by the association at any time after termination of the developer control period for the time-share project, and any provision in such agreement to the contrary is hereby declared to be void;4\n\nTermination of leases and contracts for goods and services for the time-share estate project that are entered into during the developer control period. Any such lease or contract shall become voidable at the option of the association upon termination of the developer control period for the entire time-share project, or sooner if the provisions of such lease or contract so state;5\n\nPreparation and dissemination to time-share estate owners of the annual report required by § 55.1-2213;6\n\nAdoption of standards and rules of conduct for the use, enjoyment, and occupancy of units by the time-share estate owners;7\n\nCollection of regular assessments, fees or dues, or special assessments from time-share estate owners to defray all time-share expenses;8\n\nComprehensive general liability insurance for death, bodily injury, and property damage arising out of, or in connection with, the use and enjoyment of the project by time-share estate owners, their guests, and other users. The costs associated with securing and maintaining such insurance shall be a time-share expense. Nothing in this subdivision shall be construed to obligate the managing entity to secure insurance on the conduct of the time-share estate owners, their guests, and other users or the personal effects or property of such owners, guests, and users;9\n\nMethods for providing compensation or alternate use periods or monetary compensation to a time-share estate owner if his contracted-for unit cannot be made available for the period to which the owner is entitled by schedule or by confirmed reservation;10\n\nProcedures for imposing a monetary penalty or suspension of a time-share estate owner’s rights and privileges in the time-share estate program or time-share project for failure of such owner to comply with provisions of the time-share instrument or the rules and regulations of the association with respect to the use and enjoyment of the units and the time-share project. Under these procedures, a time-share estate owner shall be given reasonable notice and reasonable opportunity to be heard and explain the charges against him in person or in writing to the board of directors of the association before a decision to impose discipline is rendered; and11\n\nEmployment of attorneys, accountants, and other professional persons as necessary to assist in the management of the time-share estate program and the units it comprises.","order_by":null,"text":{"0":{"id":241354,"text":"In addition to the requirements of \u00a7 55.1-2208, the time-share instrument for a time-share estate project shall outline or prescribe reasonable arrangements for the management and operation of the time-share estate program and for the maintenance, repair, and furnishing of units it comprises, which shall include provisions for the following:","type":"section","prefixes":[""],"prefix":"","entire_prefix":"","prefix_anchor":"","level":1,"next_prefix":"1"},"1":{"id":241355,"text":"Creation of an association, the members of which shall be the time-share estate owners. The association may be formed pursuant to the Virginia Nonstock Corporation Act (§ 13.1-801 et seq.); however, the association shall be formed prior to the time the project and program are registered with the Board. Nothing shall affect the validity of the association, once formed, and the rights applicable to it as granted by this chapter, notwithstanding the time when such association was formed;","type":"section","prefixes":["1"],"prefix":"1","entire_prefix":"1","prefix_anchor":"1","level":1,"prior_prefix":"","next_prefix":"2"},"2":{"id":241356,"text":"Payment of costs and expenses of operating the time-share estate program and owning and maintaining the units it comprises;","type":"section","prefixes":["2"],"prefix":"2","entire_prefix":"2","prefix_anchor":"2","level":1,"prior_prefix":"1","next_prefix":"3"},"3":{"id":241357,"text":"Employment and termination of employment of the managing agent for the project. Any agreement pertaining to the employment of the managing agent and executed during the developer control period shall be voidable by the association at any time after termination of the developer control period for the time-share project, and any provision in such agreement to the contrary is hereby declared to be void;","type":"section","prefixes":["3"],"prefix":"3","entire_prefix":"3","prefix_anchor":"3","level":1,"prior_prefix":"2","next_prefix":"4"},"4":{"id":241358,"text":"Termination of leases and contracts for goods and services for the time-share estate project that are entered into during the developer control period. Any such lease or contract shall become voidable at the option of the association upon termination of the developer control period for the entire time-share project, or sooner if the provisions of such lease or contract so state;","type":"section","prefixes":["4"],"prefix":"4","entire_prefix":"4","prefix_anchor":"4","level":1,"prior_prefix":"3","next_prefix":"5"},"5":{"id":241359,"text":"Preparation and dissemination to time-share estate owners of the annual report required by § 55.1-2213;","type":"section","prefixes":["5"],"prefix":"5","entire_prefix":"5","prefix_anchor":"5","level":1,"prior_prefix":"4","next_prefix":"6"},"6":{"id":241360,"text":"Adoption of standards and rules of conduct for the use, enjoyment, and occupancy of units by the time-share estate owners;","type":"section","prefixes":["6"],"prefix":"6","entire_prefix":"6","prefix_anchor":"6","level":1,"prior_prefix":"5","next_prefix":"7"},"7":{"id":241361,"text":"Collection of regular assessments, fees or dues, or special assessments from time-share estate owners to defray all time-share expenses;","type":"section","prefixes":["7"],"prefix":"7","entire_prefix":"7","prefix_anchor":"7","level":1,"prior_prefix":"6","next_prefix":"8"},"8":{"id":241362,"text":"Comprehensive general liability insurance for death, bodily injury, and property damage arising out of, or in connection with, the use and enjoyment of the project by time-share estate owners, their guests, and other users. The costs associated with securing and maintaining such insurance shall be a time-share expense. Nothing in this subdivision shall be construed to obligate the managing entity to secure insurance on the conduct of the time-share estate owners, their guests, and other users or the personal effects or property of such owners, guests, and users;","type":"section","prefixes":["8"],"prefix":"8","entire_prefix":"8","prefix_anchor":"8","level":1,"prior_prefix":"7","next_prefix":"9"},"9":{"id":241363,"text":"Methods for providing compensation or alternate use periods or monetary compensation to a time-share estate owner if his contracted-for unit cannot be made available for the period to which the owner is entitled by schedule or by confirmed reservation;","type":"section","prefixes":["9"],"prefix":"9","entire_prefix":"9","prefix_anchor":"9","level":1,"prior_prefix":"8","next_prefix":"10"},"10":{"id":241364,"text":"Procedures for imposing a monetary penalty or suspension of a time-share estate owner’s rights and privileges in the time-share estate program or time-share project for failure of such owner to comply with provisions of the time-share instrument or the rules and regulations of the association with respect to the use and enjoyment of the units and the time-share project. Under these procedures, a time-share estate owner shall be given reasonable notice and reasonable opportunity to be heard and explain the charges against him in person or in writing to the board of directors of the association before a decision to impose discipline is rendered; and","type":"section","prefixes":["10"],"prefix":"10","entire_prefix":"10","prefix_anchor":"10","level":1,"prior_prefix":"9","next_prefix":"11"},"11":{"id":241365,"text":"Employment of attorneys, accountants, and other professional persons as necessary to assist in the management of the time-share estate program and the units it comprises.","type":"section","prefixes":["11"],"prefix":"11","entire_prefix":"11","prefix_anchor":"11","level":1,"prior_prefix":"10"}},"ancestry":[{"id":14759,"edition_id":1,"name":"Creation, Termination, and Management","identifier":"2","label":"article","depth":4,"order_by":1,"parent_id":13543,"metadata":{},"date_created":"2026-06-26 03:49:46","date_modified":"2026-06-26 03:49:46","permalink":{"id":247501,"object_type":"structure","relational_id":14759,"identifier":"2","token":"55.1\/IV\/22\/2","url":"\/55.1\/IV\/22\/2\/","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":56514,"structure_id":14759,"section_number":"55.1-2207","catch_line":"Time-sharing permitted","url":"\/55.1-2207\/","token":"55.1\/IV\/22\/2\/55.1-2207","metadata":false},{"id":56830,"structure_id":14759,"section_number":"55.1-2208","catch_line":"Instruments","url":"\/55.1-2208\/","token":"55.1\/IV\/22\/2\/55.1-2208","metadata":false},{"id":66509,"structure_id":14759,"section_number":"55.1-2209","catch_line":"Time-share instrument for time-share estate project","url":"\/55.1-2209\/","token":"55.1\/IV\/22\/2\/55.1-2209","metadata":false},{"id":68868,"structure_id":14759,"section_number":"55.1-2210","catch_line":"Developer control in time-share estate program","url":"\/55.1-2210\/","token":"55.1\/IV\/22\/2\/55.1-2210","metadata":false},{"id":83628,"structure_id":14759,"section_number":"55.1-2211","catch_line":"Time-share estate owners' association control liens","url":"\/55.1-2211\/","token":"55.1\/IV\/22\/2\/55.1-2211","metadata":false},{"id":77365,"structure_id":14759,"section_number":"55.1-2212","catch_line":"Time-share owners' association books and records; meetings; use of email","url":"\/55.1-2212\/","token":"55.1\/IV\/22\/2\/55.1-2212","metadata":false},{"id":66226,"structure_id":14759,"section_number":"55.1-2213","catch_line":"Time-share estate owners' association annual report","url":"\/55.1-2213\/","token":"55.1\/IV\/22\/2\/55.1-2213","metadata":false},{"id":65671,"structure_id":14759,"section_number":"55.1-2214","catch_line":"Time-share instrument for project","url":"\/55.1-2214\/","token":"55.1\/IV\/22\/2\/55.1-2214","metadata":false},{"id":83312,"structure_id":14759,"section_number":"55.1-2215","catch_line":"Partition","url":"\/55.1-2215\/","token":"55.1\/IV\/22\/2\/55.1-2215","metadata":false},{"id":77213,"structure_id":14759,"section_number":"55.1-2216","catch_line":"Termination of certain time-shares","url":"\/55.1-2216\/","token":"55.1\/IV\/22\/2\/55.1-2216","metadata":false}],"previous_section":{"id":56830,"structure_id":14759,"section_number":"55.1-2208","catch_line":"Instruments","url":"\/55.1-2208\/","token":"55.1\/IV\/22\/2\/55.1-2208","metadata":false},"next_section":{"id":68868,"structure_id":14759,"section_number":"55.1-2210","catch_line":"Developer control in time-share estate program","url":"\/55.1-2210\/","token":"55.1\/IV\/22\/2\/55.1-2210","metadata":false},"metadata":false,"official_url":"https:\/\/law.lis.virginia.gov\/vacode\/55.1-2209\/","history_text":"

This law was first created in 1981. The record of its establishment is cataloged in chapter 462 of that year\u2019s edition of \u201cActs of Assembly,\u201d the annual state publication listing all changes made to the Code of Virginia in that year. Unfortunately, the 1981 \u201cActs\u201d aren\u2019t available online. It has been modified 6 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 1985, chapter 517; in 1989, chapter 637; in 1991, chapter 704; in 1994, chapter 580<\/a>; in 1998, chapter 460<\/a>; in 2019, chapter 712<\/a>.<\/p>","references":[{"id":56667,"section_number":"55.1-2200","catch_line":"Definitions","order_by":null,"url":"\/55.1-2200\/"}],"refers_to":[{"id":76305,"section_number":"13.1-801","catch_line":"Short title","order_by":null,"url":"\/13.1-801\/"},{"id":56830,"section_number":"55.1-2208","catch_line":"Instruments","order_by":null,"url":"\/55.1-2208\/"},{"id":66226,"section_number":"55.1-2213","catch_line":"Time-share estate owners' association annual report","order_by":null,"url":"\/55.1-2213\/"}],"permalink":{"id":247511,"object_type":"law","relational_id":66509,"identifier":"55.1-2209","token":"55.1\/IV\/22\/2\/55.1-2209","url":"\/55.1-2209\/","edition_id":1,"permalink":0,"preferred":1},"url":"\/55.1-2209\/","token":"55.1\/IV\/22\/2\/55.1-2209","dublin_core":{"Title":"Time-share instrument for time-share estate project","Type":"Text","Format":"text\/html","Identifier":"\u00a7 55.1-2209","Relation":"Code of Virginia"},"html":"\n\t\t\t\t\t\t

In addition to the requirements of \u00a7 55.1-2208<\/a>, the time-share instrument<\/span> for a time-share estate<\/span> project<\/span> shall outline or prescribe reasonable arrangements for the management and operation of the time-share estate<\/span> program<\/span> and for the maintenance, repair, and furnishing of units<\/span> it comprises, which shall include provisions for the following:<\/p><\/section>\n\t\t\t\t\t\t

1.<\/span> Creation of an association<\/span>, the members of which shall be the time-share estate<\/span> owners<\/span>. The association<\/span> may be formed pursuant to the Virginia Nonstock Corporation Act (§ 13.1-801<\/a> et seq.); however, the association<\/span> shall be formed prior to the time the project<\/span> and program<\/span> are registered with the Board<\/span>. Nothing shall affect the validity of the association<\/span>, once formed, and the rights applicable to it as granted by this chapter, notwithstanding the time when such association<\/span> was formed; <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

2.<\/span> Payment of costs and expenses of operating the time-share estate<\/span> program<\/span> and owning and maintaining the units<\/span> it comprises; <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

3.<\/span> Employment and termination of employment of the managing agent<\/span> for the project. Any agreement pertaining to the employment of the managing agent<\/span> and executed during the developer control period<\/span> shall be voidable by the association<\/span> at any time after termination of the developer control period<\/span> for the time-share project<\/span>, and any provision in such agreement to the contrary is hereby declared to be void; <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

4.<\/span> Termination of leases and contracts<\/span> for goods and services for the time-share estate<\/span> project that are entered into during the developer control period<\/span>. Any such lease or contract<\/span> shall become voidable at the option of the association<\/span> upon termination of the developer control period<\/span> for the entire time-share project<\/span>, or sooner if the provisions of such lease or contract<\/span> so state; <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

5.<\/span> Preparation and dissemination to time-share estate<\/span> owners<\/span> of the annual report required by § 55.1-2213<\/a>; <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

6.<\/span> Adoption of standards and rules of conduct for the use, enjoyment, and occupancy of units<\/span> by the time-share estate<\/span> owners<\/span>; <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

7.<\/span> Collection of regular assessments, fees or dues, or special assessments from time-share estate<\/span> owners<\/span> to defray all time-share expenses<\/span>; <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

8.<\/span> Comprehensive general liability insurance for death, bodily injury, and property damage arising out of, or in connection with, the use and enjoyment of the project by time-share estate<\/span> owners<\/span>, their guests<\/span>, and other users. The costs associated with securing and maintaining such insurance shall be a time-share expense<\/span>. Nothing in this subdivision shall be construed to obligate the managing entity<\/span> to secure insurance on the conduct of the time-share estate<\/span> owners<\/span>, their guests<\/span>, and other users or the personal effects or property of such owners<\/span>, guests<\/span>, and users; <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

9.<\/span> Methods for providing compensation or alternate use periods or monetary compensation to a time-share estate<\/span> owner<\/span> if his contracted-for unit<\/span> cannot be made available for the period to which the owner<\/span> is entitled by schedule or by confirmed reservation; <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

10.<\/span> Procedures for imposing a monetary penalty<\/span> or suspension of a time-share estate<\/span> owner<\/span>’s rights and privileges<\/span> in the time-share estate<\/span> program<\/span> or time-share project<\/span> for failure of such owner<\/span> to comply with provisions of the time-share instrument<\/span> or the rules and regulations of the association<\/span> with respect to the use and enjoyment of the units<\/span> and the time-share project<\/span>. Under these procedures, a time-share estate<\/span> owner<\/span> shall be given reasonable notice and reasonable opportunity to be heard and explain the charges against him in person<\/span> or in writing to the board of directors<\/span> of the association<\/span> before a decision to impose discipline is rendered; and <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

11.<\/span> Employment of attorneys, accountants, and other professional persons<\/span> as necessary to assist in the management of the time-share estate<\/span> program<\/span> and the units<\/span> it comprises. <\/i><\/a><\/p><\/section>","plain_text":" CODE OF VIRGINIA\n\nTIME-SHARE INSTRUMENT FOR TIME-SHARE ESTATE PROJECT (\u00a7 55.1-2209)\n\nIn addition to the requirements of \u00a7 55.1-2208, the time-share instrument for a\ntime-share estate project shall outline or prescribe reasonable arrangements for\nthe management and operation of the time-share estate program and for the\nmaintenance, repair, and furnishing of units it comprises, which shall include\nprovisions for the following:\n\n1. Creation of an association, the members of which shall be the time-share\nestate owners. The association may be formed pursuant to the Virginia Nonstock\nCorporation Act (§ 13.1-801 et seq.); however, the association shall be\nformed prior to the time the project and program are registered with the Board.\nNothing shall affect the validity of the association, once formed, and the\nrights applicable to it as granted by this chapter, notwithstanding the time\nwhen such association was formed;\n\n2. Payment of costs and expenses of operating the time-share estate program and\nowning and maintaining the units it comprises;\n\n3. Employment and termination of employment of the managing agent for the\nproject. Any agreement pertaining to the employment of the managing agent and\nexecuted during the developer control period shall be voidable by the\nassociation at any time after termination of the developer control period for\nthe time-share project, and any provision in such agreement to the contrary is\nhereby declared to be void;\n\n4. Termination of leases and contracts for goods and services for the time-share\nestate project that are entered into during the developer control period. Any\nsuch lease or contract shall become voidable at the option of the association\nupon termination of the developer control period for the entire time-share\nproject, or sooner if the provisions of such lease or contract so state;\n\n5. Preparation and dissemination to time-share estate owners of the annual\nreport required by § 55.1-2213;\n\n6. Adoption of standards and rules of conduct for the use, enjoyment, and\noccupancy of units by the time-share estate owners;\n\n7. Collection of regular assessments, fees or dues, or special assessments from\ntime-share estate owners to defray all time-share expenses;\n\n8. Comprehensive general liability insurance for death, bodily injury, and\nproperty damage arising out of, or in connection with, the use and enjoyment of\nthe project by time-share estate owners, their guests, and other users. The\ncosts associated with securing and maintaining such insurance shall be a\ntime-share expense. Nothing in this subdivision shall be construed to obligate\nthe managing entity to secure insurance on the conduct of the time-share estate\nowners, their guests, and other users or the personal effects or property of\nsuch owners, guests, and users;\n\n9. Methods for providing compensation or alternate use periods or monetary\ncompensation to a time-share estate owner if his contracted-for unit cannot be\nmade available for the period to which the owner is entitled by schedule or by\nconfirmed reservation;\n\n10. Procedures for imposing a monetary penalty or suspension of a time-share\nestate owner’s rights and privileges in the time-share estate program or\ntime-share project for failure of such owner to comply with provisions of the\ntime-share instrument or the rules and regulations of the association with\nrespect to the use and enjoyment of the units and the time-share project. Under\nthese procedures, a time-share estate owner shall be given reasonable notice and\nreasonable opportunity to be heard and explain the charges against him in person\nor in writing to the board of directors of the association before a decision to\nimpose discipline is rendered; and\n\n11. Employment of attorneys, accountants, and other professional persons as\nnecessary to assist in the management of the time-share estate program and the\nunits it comprises.\n\nHISTORY: 1981, c. 462, \u00a7 55-368; 1985, c. 517; 1989, c. 637; 1991, c. 704;\n1994, c. 580; 1998, c. 460; 2019, c. 712.","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}}