Virginia Regulatory Town Hall
Agency
Department of Professional and Occupational Regulation
Board
Common Interest Community Board
chapter
Time-Share Regulations [18 VAC 48 ‑ 45]
Action is Exempt from Article 2 of the Administrative Process Act
Action:
Amendment of Time-Share Regulations to Conform to SB 584 (2020)
Action 5597
 
General Information
Action Summary Chapter 1011 of the 2020 Acts of Assembly amended the Time-Share Act to provide clarification of terms used in the Act. In addition, the amendment clarifies the applicability of the Act to out-of-state time-share programs offered in Virginia in which the times-shares are direct or indirect beneficial interests in a trust created pursuant to the laws of the state where the time-share program is located. The amendment of the regulation is necessary to conform the regulations to the statutory amendments.
Chapters Affected Only affects this chapter.
Executive Branch Review This Action is exempt from Article 2 of the Administrative Process Act. The normal executive branch review process is not required. As such, it can be submitted directly for publication and is effective upon publication.
Exempt Citation: 2.2-4006(A)(4)(a)
RIS Project Yes  [006497]
Associated Mandates Technical amendments to the Virginia Real Estate Time-Share Act
New Periodic Review This action will not be used to conduct a new periodic review.
 
Stages
Stages associated with this regulatory action.
Stage ID Stage Type Status
9063 Final Stage complete. This regulation became effective on 12/01/2020.
 
Contact Information
Name / Title: Anika Coleman  / Executive Director
Address: 9960 Mayland Drive, Suite 400
Richmond, VA 23233
Email Address: CIC@dpor.virginia.gov
Phone: (804)367-8510    FAX: (866)490-2723    TDD: ()-

This person is the primary contact for this board.