Virginia
Virginia Flag




Active Legislative Issues

Share: Share This RSS
April 01,2015

ARDA Supports Bill That Modifies Public Advertising Requirements For Deed Of Trust Foreclosure Sales

 The bill HB 1794 / SB 1015, put forth by the Virginia Resort Development Association (VRDA), allows for the optional streamlined advertisement of a timeshare property being foreclosed upon. A foreclosing entity will only be required to include the basic information in a publication, such as the time, place, and date of sale; identification of the time-share being sold; contact information for obtaining further information about the sale; and a website address where more complete information and documentation can be obtained.  

  

April 01,2015

ARDA Supports Bill Extending Owner Exemption to Real Estate Licensure

 Together with the Virginia Resort Development Association (VRDA), ARDA supports HB 1795 / SB 1016 which extends the owner exemption from real estate licensure that currently exists in Virginia law. Timeshares fit within an exemption to real estate licensure when a developer, as the “owner,” is selling from their own inventory. With the introduction of new organizational structures in the industry however, the law needed to be updated. 

  

Resolved Legislative Issues

Share: Share This RSS
February 26,2013

Pre-Labor Day School Start Bill Fails in VA Senate Committee

ARDA-ROC partnered with the Virginia Resort Development Association and the Virginia Hospitality Association to oppose legislation that proposes to undo a law mandating a post-Labor Day start to the school year.
March 06,2012

Virginia HB 233 Passes Both Houses

As of March 5, the HB 233 (Senate substitute) unanimously passed both houses. In summary HB 233 proposes greater consumer disclosure by doing the following: i) requiring any reseller of a timeshare in Virginia be subject to the regulatory authority of the Common Interest Community Board, ii) requiring timeshare resellers to make written disclosures to purchasers concerning the timeshare being resold, and iii) requiring that a separate buyer's acknowledgment form must be provided to each timeshare purchaser disclosing certain information.

 

March 06,2012

Virginia HB 234 Passes Both Houses

As of March 5, HB 234 (Senate substitute) unanimously passed both houses. The bill contains provisions that would make it easier for an HOA to advertise the availability of timeshare interests at foreclosure sale.

Search Issues

  • Browse by Classification or Topic

Report A Legislative Tip

Become an advocate by reporting an anonymous legislative tip to the ARDA government affairs team.

 » Read More