                                 CODE OF VIRGINIA

PURCHASER&#8217;S RIGHTS (§ 59.1-327)

A. The purchaser shall have the following rights during the first seven calendar
days following the execution of the membership camping contract:

   1. A purchaser shall have the right to cancel a membership camping contract
   within seven calendar days following the date of its execution.

   2. The right of cancellation shall not be waived and any attempt to obtain
   such a waiver shall be unlawful. Nothing in this section shall preclude the
   execution of documents in advance of closing for delivery after expiration of
   the cancellation period.

   3. If the purchaser elects to cancel the membership camping contract, he may
   do so only by mailing notice thereof by certified United States mail to the
   membership camping operator at the address listed in the membership camping
   contract. The cancellation shall be deemed effective upon mailing.

   4. Upon cancellation, the membership camping operator shall refund to the
   purchaser all payments made by such purchaser and collected by the membership
   camping operator pursuant to the canceled membership camping contract. The
   refund shall be made within sixty days after the effective date of the
   cancellation and may, where payment has been made by credit card, be made by
   an appropriate credit to the purchaser&#8217;s account. Where payment is made
   by an exchange of real or personal property, the property may be returned to
   the purchaser.

   5. The purchaser&#8217;s right to cancel shall apply only to the initial
   membership camping contract executed by such purchaser and to no successor
   contract and shall not apply to a successor contract which replaces an
   existing contract executed by such purchaser, unless the successor contract is
   executed within seven calendar days of the original contract in which case the
   cancellation period shall renew itself.

B. In addition to the rights afforded the purchaser contained in subsection A of
this section, the purchaser and any successor in interest shall not be held
liable for any maintenance fees, dues, and assessments succeeding the effective
date of notification pursuant to subdivision 2 of this subsection, if:

   1. The purchaser or his successor in interest relinquishes any and all
   interest in the membership camping contract to the membership camping operator
   or his assigns; and

   2. The purchaser or his successor in interest notifies the membership camping
   operator or his assigns, in writing, by certified mail, return receipt
   requested, of his relinquishment. The notice shall be deemed effective:
   				a. Eighteen months after the notice is mailed provided the membership
   camping contract is no less than fifty-four months old; and
   				b. If and only if the principal and interest payments, the membership
   fees, dues, and assessments and all other financial obligations owed by the
   purchaser, or his successor in interest, under the membership camping contract
   are paid in full as of the date of mailing; and
   				c. The relinquishment contained in subdivision B 1 shall be in the form of
   a recordable deed, duly executed and properly notarized, or other form found
   acceptable to the membership camping operator accompanied by a fee sufficient
   to record the deed.

C. If the notice complies with subsection B of this section concerning avoiding
further payments of membership fees, dues, and assessments, the membership
camping operator shall confirm, in writing, receipt of the notice within ten
days after its receipt. If the notice does not comply with subsection B of this
section, the membership camping operator or his assigns shall inform the
purchaser or his successors in interest, in writing, within ten days after its
receipt, of the specific reasons why the notice does not comply.

D. All moneys collected by the membership camping operator pursuant to the
membership camping contract prior to notification by the purchaser or his
successor in interest pursuant to subsection B of this section shall remain the
property of the membership camping operator.

E. Upon satisfaction of all provisions of subsection B of this section, the
purchaser or his successor in interest shall have no rights or obligations under
the membership camping contract and the membership camping operator or his
assigns shall make no claims against the purchaser or his successor in interest
thereunder.

HISTORY: 1985, c. 409; 1992, c. 545.