Article 3: Protection of Purchasers

This article is comprised of the following sections:

§55.1-2217 Public offering statement
§55.1-2218 Certain advertising practices regulated
§55.1-2219 Exchange programs
§55.1-2220 Escrow of deposits; use of corporate surety bond or irrevocable letter of credit
§55.1-2221 Purchaser&#8217;s rights of cancellation
§55.1-2222 Possibility of reverter
§55.1-2223 Recording and delivery of deed
§55.1-2224 Liability limited; liability actions prohibited
§55.1-2225 Warning required
§55.1-2226 Buyer&#8217;s Acknowledgment
§55.1-2227 Resale of time-shares
§55.1-2228 Required resale disclosures
§55.1-2229 Liens
§55.1-2230 Effect of violations on rights of action; attorney fees; prior determination of Common Interest Community Board required for certain violations
§55.1-2231 Statute of limitations; actions; limitation on rescission rights
§55.1-2232 Class actions
§55.1-2233 Financial records
§55.1-2234 Developer&#8217;s obligation to complete
