Virginia Regulatory Town Hall
Department of Professional and Occupational Regulation
Common Interest Community Board
Time-Share Regulations [18 VAC 48 ‑ 45]
Action is Exempt from Article 2 of the Administrative Process Act
Time-Share Regulations - HB 1955/SB 969 Amendments
General Information
Action Summary This action amends provisions of the Time-Share Regulations to conform to changes resulting from the enactment of Chapters 52 and 53 of the 2023 Acts of Assembly. The legislation removes the requirement under the Virginia Real Estate Time-Share Act that a time-share instrument state whether the developer reserves the right to add or delete any alternative purchase. Instead, a developer must disclose in its public offering statement for a time-share program whether the developer will offer any alternative purchase.
Chapters Affected Only affects this chapter.
Executive Branch Review This Action is exempt from Article 2 of the Administrative Process Act, but falls within the Executive Branch and will be reviewed by the Governor's Office.
RIS Project Yes  [7523]
Associated Mandates Virginia Real Estate Time-Share Act; alternative purchases.
New Periodic Review This action will not be used to conduct a new periodic review.
Stages associated with this regulatory action.
Stage ID Stage Type Status
10139 Final Stage complete. Becomes effective on 01/01/2024.
Contact Information
Name / Title: Tanya Pettus  / Board Administrator
Address: 9960 Mayland Drive, Suite 400
Richmond, VA 23233
Email Address:
Phone: (804)367-8510    FAX: (866)490-2723    TDD: ()-

This person is the primary contact for this board.