reglab/housing_qa huggingface dataset:
VA Code § 55.1-2243 (2021)
2021 Code of Virginia|Title 55.1 - Property and Conveyances|Chapter 22 - Virginia Real Estate Time-Share Act|§ 55.1-2243. Termination of registration

A. In a time-share estate program, if the annual report indicates that the developer has transferred title to the time-share owners' association and that no further development rights exist, the Board shall issue an order terminating the registration of the time-share program.B. The Board shall issue an order terminating the registration of a time-share program upon application by the developer in which the developer states that no further development right is anticipated and that the developer has ceased sales of time-shares in the time-share program.C. Notwithstanding any other provisions of this chapter, the Board may administratively terminate the registration of a time-share program if:1. The developer has not filed an annual report in accordance with § 55.1-2242 for three or more consecutive years; or2. The developer's registration with the State Corporation Commission, if applicable, has not been active for five or more consecutive years.2012, cc. 481, 797, § 55-394.2; 2019, c. 712; 2020, c. 1011.
VA Code § 55.1-2245 (2021)
2021 Code of Virginia|Title 55.1 - Property and Conveyances|Chapter 22 - Virginia Real Estate Time-Share Act|§ 55.1-2245. Recordkeeping by resellers

A. If contact information has been obtained by a reseller from any source, including a lead dealer, the reseller and lead dealer shall maintain the following records for a period of five years from the last date of contact between the reseller and the owner:1. The name; home address; work address, if different; telephone number; email address, if any; and a copy of a current government-issued photographic identification (e.g., driver's license, passport, or military identification card) of the lead dealer who provided the contact information;2. The date, time, and place of the transaction at which the contact information was obtained, along with the amount of consideration paid and a signed receipt from the lead dealer or copy of a canceled check; and3. A copy of the contact information obtained in the exact form and media in which received.B. A reseller shall maintain records for at least five years after each transaction involving resale service including resale transfer agreements and resale purchase agreements.C. In any civil or criminal action based on a violation of this section, there shall be a presumption that contact information was wrongfully obtained if a reseller or lead dealer fails to produce the records required by this section.D. Any person who establishes that a reseller or lead dealer wrongfully obtained or wrongfully used contact information with respect to time-share owners or members of an exchange program shall, in addition to any other remedies that may be available in law or equity, be entitled to recover from such reseller or lead dealer an amount equal to $1,000 for each time-share owner or member about whom contact information was wrongfully obtained or used. The prevailing person in any such action shall also be entitled to recover reasonable attorney fees and costs.2012, c. 751, § 55-394.4; 2019, c. 712.
VA Code § 55.1-2246 (2021)
2021 Code of Virginia|Title 55.1 - Property and Conveyances|Chapter 22 - Virginia Real Estate Time-Share Act|§ 55.1-2246. Alternative purchase; registration

A. The application for registration of an alternative purchase shall be filed in a form prescribed by the Board and shall include the following:1. A general description of the types of alternative purchases offered;2. A copy of the terms and conditions applicable to the alternative purchases; and3. The name, address, and contact information of the developer offering the alternative purchases.B. Any material change to the standard terms and conditions applicable to an alternative purchase shall be filed with the Board within 30 days of such change being effective. Changes to the length of stay, location, or price shall not require an amendment of the registration, provided that the terms and conditions applicable to such alternative purchases are on file with the Board.C. The provisions of §§ 55.1-2217 and 55.1-2220 shall not apply to alternative purchases registered under this section.2014, c. 623, § 55-394.5; 2019, c. 712.
VA Code § 55.1-2248 (2021)
2021 Code of Virginia|Title 55.1 - Property and Conveyances|Chapter 22 - Virginia Real Estate Time-Share Act|§ 55.1-2248. Cancellation of cease and desist order; reinstatement of registration of developer

A. The Board shall stipulate to the developer or reseller the reason for any cease and desist order, or revocation of registration as outlined in § 55.1-2247, by no later than the time such order or revocation is to become effective.B. Should the developer or reseller satisfy the Board that it has corrected the reasons for the cease and desist order or revocation of registration, then the Board shall promptly cancel such order or reinstate the registration, and thereafter the developer or reseller may continue its offering or disposition of time-shares.1981, c. 462, § 55-397; 2012, c. 751; 2019, c. 712.
VA Code § 55.1-2249 (2021)
2021 Code of Virginia|Title 55.1 - Property and Conveyances|Chapter 22 - Virginia Real Estate Time-Share Act|§ 55.1-2249. Board regulation of public offering statement

The Board may at any time require a developer to alter or supplement the form or substance of a public offering statement to assure adequate and accurate disclosure to prospective purchasers.1981, c. 462, § 55-398; 2019, c. 712.
VA Code § 55.1-2250 (2021)
2021 Code of Virginia|Title 55.1 - Property and Conveyances|Chapter 22 - Virginia Real Estate Time-Share Act|§ 55.1-2250. Proceedings and investigations

A. All proceedings of the Board under this chapter shall be conducted in accordance with the Administrative Process Act (§ 2.2-4000 et seq.).B. The Board may make necessary public or private investigations within or outside the Commonwealth to determine whether any person has violated or is about to violate any provision of this chapter or any rule, regulation, or order issued pursuant to this chapter.1981, c. 462, § 55-399; 2009, c. 557; 2011, c. 605; 2019, cc. 499, 712.
VA Code § 55.1-2252 (2021)
2021 Code of Virginia|Title 55.1 - Property and Conveyances|Chapter 22 - Virginia Real Estate Time-Share Act|§ 55.1-2252. Penalties

A. Any person who willfully violates any of the provisions of § 55.1-2217, 55.1-2218, 55.1-2219, 55.1-2220, 55.1-2221, 55.1-2229, 55.1-2233, or 55.1-2238, or any order issued pursuant to §§ 55.1-2247 through 55.1-2250 is guilty of a Class 5 felony.Any person who willfully violates any of the provisions of § 55.1-2226, 55.1-2228, or 55.1-2244 or any order issued pursuant to §§ 55.1-2247 through 55.1-2250 regarding a violation of § 55.1-2226, 55.1-2228, or 55.1-2244 is guilty of a Class 1 misdemeanor.Each violation shall be deemed a separate offense.B. Any developer, member, agent or affiliate of any developer of time-shares registered pursuant to § 55.1-2241, or any reseller, who violates any provision of this chapter or regulations promulgated pursuant to this chapter, and who is not criminally prosecuted, may be subject to a civil penalty. If it has been determined by the Board upon or after a hearing that a respondent has violated this chapter or the Board's rules and regulations, the Board shall proceed to determine the amount of the civil penalty for such violation, which shall not exceed $2,000 for each violation. Such penalty may be sued for and recovered in the name of the Commonwealth.1981, c. 462, § 55-400; 1983, c. 59; 1985, c. 517; 1991, c. 704; 2012, c. 751; 2019, c. 712.
VA Code § 55.1-2301 (2021)
2021 Code of Virginia|Title 55.1 - Property and Conveyances|Chapter 23 - Subdivided Land Sales Act|§ 55.1-2301. Exemptions

Unless the method of disposition is adopted for the purposes of evasion of this chapter, the provisions of this chapter shall not apply to:1. The sale of a subdivision to a single purchaser for his own account in a single or isolated transaction;2. The disposition of lots in a subdivision if each lot in the subdivision is at least five acres in size;3. The disposition of a lot on which there is a residential, commercial, or industrial building, or as to a lot upon which there is a legal obligation on the part of the seller to construct such a building within a period of two years from the date of disposition;4. The disposition of land pursuant to court order, provided that the court reviews and approves the disposition on an individual basis;5. The disposition of cemetery lots;6. Offers or dispositions of evidence of indebtedness secured by a mortgage or deed of trust on real estate;7. Offers or dispositions of securities or units of interest issued by a real estate investment trust regulated under any state or federal statute;8. Offers or dispositions of any interest in real estate, oil, gas, or other minerals or any royalty interest in such real estate, oil, gas, or other minerals if the offers or dispositions of such interests are regulated as securities by the United States or by the Commonwealth;9. The disposition of a lot to any person whose purpose in acquiring the land is to engage in the business of constructing residential, commercial, or industrial buildings on such land;10. The lease of a lot where the right to possession or the rental term does not exceed one year in the aggregate and where the conditions of the lease do not obligate the lessee to renew;11. The sale or lease of condominium units registered pursuant to the Virginia Condominium Act (§55.1-1900 et seq.); or12. The disposition of real estate that is zoned or otherwise designated by the appropriate governmental authority for, or restricted by a valid recorded declaration of covenants to, commercial or industrial use.1978, c. 510, § 55-338; 1980, c. 546; 2019, c. 712.
VA Code § 55.1-2302 (2021)
2021 Code of Virginia|Title 55.1 - Property and Conveyances|Chapter 23 - Subdivided Land Sales Act|§ 55.1-2302. Transfer of ownership

It is unlawful for the developer to transfer fee simple ownership of a lot or parcel within a subdivision to a purchaser by any other means than by a general or special warranty deed or other deed complying with Chapter 3 (§ 55.1-300 et seq.).1978, c. 510, § 55-341; 2019, c. 712.
VA Code § 55.1-2303 (2021)
2021 Code of Virginia|Title 55.1 - Property and Conveyances|Chapter 23 - Subdivided Land Sales Act|§ 55.1-2303. Blanket encumbrances

A. It is unlawful for any developer or agent to sell or lease a lot in a subdivision that is subject to a blanket encumbrance unless the blanket encumbrance or effective supplemental agreement contains a release provision permitting legal title to individual lots or other interest contracted for to be obtained free and clear of the blanket encumbrance. Nothing in this section shall be construed to limit either the conditions upon which such release may be premise or the modification or amendment of such release provision as to (i) any purchaser other than a purchaser under an installment sales contract or (ii) any purchaser under an installment sales contract that is executed subsequent to the recordation of the amendment or modification.B. Unless blanket encumbrance release provisions provide that the lien of the blanket encumbrance is subordinate to the rights of persons purchasing from the developer or agent and that those purchasers have the unconditional right to obtain legal title or other interest contracted for free and clear of the blanket encumbrance upon compliance with the terms and conditions of the purchase or lease, it is unlawful for a developer or agent to sell or lease lots except in compliance with one of the following conditions:1. Any earnest money deposit or advance or other payment made by the purchaser on account of the purchase of a lot is placed in an escrow account that is a trust account maintained in a federally insured depository located in the Commonwealth and that fully protects the interest of the purchaser until:a. Fee title or other interest contracted for is conveyed to the purchaser free and clear of the blanket encumbrance;b. Either the developer or purchaser defaults under the contract and a final determination as to the disbursal of sums paid is made by a court of competent jurisdiction; orc. The developer voluntarily orders the return of the money to the purchaser; or2. Title to the subdivision is held in trust under a trust agreement until a proper release is obtained and legal title or other interest contracted for is conveyed to the purchaser.1978, c. 510, § 55-342; 1980, c. 546; 1996, c. 372; 2019, c. 712.
VA Code § 55.1-2304 (2021)
2021 Code of Virginia|Title 55.1 - Property and Conveyances|Chapter 23 - Subdivided Land Sales Act|§ 55.1-2304. Restraints on alienation

Provided that selling or leasing a lot is not specifically prohibited by recorded covenant, it is unlawful to restrain the owner of a lot in a subdivision from offering such lot for sale or lease or from selling or leasing such lot. Any deed restriction or recorded covenant that creates a right of first refusal in excess of 30 days or creates a sales restraint that denies lot owners the right to post for-sale signs of reasonable size is null and void.1978, c. 510, § 55-343; 2019, c. 712.
VA Code § 55.1-2306 (2021)
2021 Code of Virginia|Title 55.1 - Property and Conveyances|Chapter 23 - Subdivided Land Sales Act|§ 55.1-2306. Penalties

Any person violating any of the provisions of §§ 55.1-2302 through 55.1-2305 is guilty of a Class 2 misdemeanor. At the discretion of the court, any imprisonment may run concurrently with imprisonment imposed by any court for violation of any law similar to the provisions of this chapter.1978, c. 510, § 55-347; 1979, c. 243; 1996, c. 372; 2019, c. 712.
VA Code § 55.1-2400 (2021)
2021 Code of Virginia|Title 55.1 - Property and Conveyances|Chapter 24 - Escheats|§ 55.1-2400. Definition

As used in this chapter, "known" in terms of determining whether an owner is "known" includes inspection of tax records and any other inquiry deemed to be reasonable. It need not include inspection of the premises or inspection of title records in the clerk's office in the county or city in which the land is located.1984, c. 315, § 55-170.1; 1988, c. 312; 1996, c. 551; 2019, c. 712.
VA Code § 55.1-2401 (2021)
2021 Code of Virginia|Title 55.1 - Property and Conveyances|Chapter 24 - Escheats|§ 55.1-2401. Appointment of escheators

The Governor shall appoint one escheator for every judicial circuit as set forth in § 17.1-506, to serve at the pleasure of the Governor. Such escheator shall reside within the circuit to which he is appointed.Code 1919, § 489; Code 1950, § 55-168; 1982, c. 437; 1996, c. 551; 2019, c. 712.
VA Code § 55.1-2402 (2021)
2021 Code of Virginia|Title 55.1 - Property and Conveyances|Chapter 24 - Escheats|§ 55.1-2402. Bond of escheator

Each escheator shall give bond for the judicial circuit for which he is appointed in the circuit court for the locality in which he resides, in the penalty of $3,000, without surety, and may continue in office until removed or until a successor is duly appointed and qualified. If property in another locality within the appointed judicial circuit escheats to the Commonwealth at the inquest hearing, the escheator shall give bond within that locality as determined by the clerk of the circuit court in the locality and in a penalty of a percentage of the assessed value of the property according to the records of the commissioner of the revenue. The bond shall be obtained within 10 days following the inquest hearing.Code 1919, § 490; Code 1950, § 55-169; 1977, c. 583; 1982, c. 437; 1998, c. 215; 2019, c. 712.
VA Code § 55.1-2403 (2021)
2021 Code of Virginia|Title 55.1 - Property and Conveyances|Chapter 24 - Escheats|§ 55.1-2403. Increase or reduction of penalty of escheator's bond; effect

The court may, at any time, with reasonable notice to the escheator, increase or reduce the penalty of the bond, provided that in no case shall such penalty be reduced to less than $1,000. Upon bond being given under an order increasing or reducing the penalty of a former bond, the sureties in such former bond and their estates shall be discharged from all liability for any breach of official duty committed by such escheator after that time.Code 1919, § 491; Code 1950, § 55-170; 2019, c. 712.
VA Code § 55.1-2404 (2021)
2021 Code of Virginia|Title 55.1 - Property and Conveyances|Chapter 24 - Escheats|§ 55.1-2404. Annual report to escheator; lands not liable

Each treasurer shall, every May, furnish to the escheator of his county or city a list of all lands within his district owned by any person who has died in possession of an estate of inheritance (i) intestate and without any known heir or (ii) testate without disposing of all property by will and without leaving any surviving heir to inherit the property. No land shall be liable to escheat that has been held for 15 years under adverse possession as at common law by the person claiming such land, or those under whom he holds, but only if taxes were paid throughout that period by the claimant or those under whom he holds.Code 1919, § 492; Code 1950, § 55-171; 1977, c. 583; 1979, c. 340; 1982, cc. 453, 550; 1984, c. 315; 1990, c. 938; 1996, c. 551; 2019, c. 712.
VA Code § 55.1-2405 (2021)
2021 Code of Virginia|Title 55.1 - Property and Conveyances|Chapter 24 - Escheats|§ 55.1-2405. Escheator to hold inquest; notice of inquest

On receiving a list compiled pursuant to § 55.1-2404, or upon information from any person, in writing and under oath, that any of the conditions described in § 55.1-2404 exists, the escheator shall proceed to hold his inquest to determine whether any land identified has escheated to the Commonwealth. He shall (i) post notice of the time of taking such inquest at the front door of the courthouse for 30 days prior to the inquest and (ii) advertise once in a newspaper of general circulation within the county or city at least seven but not more than 30 days prior to the inquest. Notice shall also be mailed to the last owner of record, if any, as it appears in the tax records of the local treasurer. The escheator shall send a copy of the newspaper advertisement to the State Treasurer prior to the date of the inquest. The inquest shall be held in the same calendar year in which the list or information is received by the escheator. The attorney for the Commonwealth shall act as attorney for this proceeding.Code 1919, § 493; Code 1950, § 55-172; 1977, c. 583; 1982, c. 486; 1984, c. 315; 1988, c. 377; 1996, c. 551; 2019, c. 712.
VA Code § 55.1-2406 (2021)
2021 Code of Virginia|Title 55.1 - Property and Conveyances|Chapter 24 - Escheats|§ 55.1-2406. Jury of inquest; presentation of evidence

The sheriff of the county or city shall summon and return 10 qualified jurors for the inquest, of whom at least seven shall be impaneled as a jury. They shall meet at the courthouse and sit in public and may be adjourned by the escheator from day to day. Every person competent to testify as a witness shall be required to give evidence openly in the presence of the jurors.Code 1919, § 494; Code 1950, § 55-173; 1977, c. 583; 1984, c. 315; 1990, c. 938; 1996, c. 551; 2019, c. 712.
VA Code § 55.1-2407 (2021)
2021 Code of Virginia|Title 55.1 - Property and Conveyances|Chapter 24 - Escheats|§ 55.1-2407. Attendance of jurors; compensation

If any person summoned or adjourned as a juror fails to attend according to the summons or adjournment, the escheator shall report such failure to the circuit court having jurisdiction over the county or city in which the land that is the subject of the inquest is located. Such court may fine such person an amount not to exceed $50.Jurors shall be compensated as provided for jurors in civil cases.Code 1919, § 495; Code 1950, § 55-174; 1977, c. 583; 2019, c. 712.
VA Code § 55.1-2408 (2021)
2021 Code of Virginia|Title 55.1 - Property and Conveyances|Chapter 24 - Escheats|§ 55.1-2408. How verdict signed; where returned and recorded

When the inquest is concluded and the verdict concurred in by at least seven of the jurors impaneled such verdict shall be signed by those so concurring and by the escheator. The escheator shall, within 10 days, return the verdict to the clerk's office of the circuit court. After receiving the verdict, the clerk of such court shall record it in accordance with § 17.1-266 and shall provide copies within 10 days to the commissioner of the revenue and the local treasurer or the person performing those duties. This escheat verdict shall be recorded in the grantor index of the record books in the clerk's office.Code 1919, § 496; Code 1950, § 55-175; 1977, c. 583; 1984, c. 315; 1988, c. 377; 1990, c. 938; 2019, c. 712.
VA Code § 55.1-2409 (2021)
2021 Code of Virginia|Title 55.1 - Property and Conveyances|Chapter 24 - Escheats|§ 55.1-2409. Proceedings to claim land escheated

When the verdict on an inquest is for the Commonwealth, any person claiming any interest in the lands, whether legal or equitable, may, before the sale of such land, petition the circuit court for redress. The petition shall be accompanied by a bond with good security to pay the Commonwealth all past due real estate taxes, penalties, and interest on such lands. The escheator shall be the sole defendant on behalf of the Commonwealth, and may appear on his own behalf. The escheator shall file an answer stating the objections to the claim. The cause shall be heard, without any unnecessary delay, upon the petition and answer and the evidence. Upon a judgment in favor of the claimant, he shall pay all past due taxes, penalties, and interest. Upon entry of such judgment, the court may award attorney fees to the escheator. For real estate assessment purposes, the commissioner of the revenue or assessor shall continue to assess any escheated property.Code 1919, § 497; Code 1950, § 55-176; 1983, c. 482; 1990, c. 938; 2019, c. 712.
VA Code § 55.1-2410 (2021)
2021 Code of Virginia|Title 55.1 - Property and Conveyances|Chapter 24 - Escheats|§ 55.1-2410. Trial by jury; judgment of court

Upon a petition filed pursuant to § 55.1-2409, the court may impanel a jury to ascertain any facts that may be disputed and may set aside the verdict. The escheator may initiate a new inquest in accordance with § 55.1-2405.Code 1919, § 498; Code 1950, § 55-177; 2019, c. 712.
VA Code § 55.1-2411 (2021)
2021 Code of Virginia|Title 55.1 - Property and Conveyances|Chapter 24 - Escheats|§ 55.1-2411. Facts or evidence to be certified

If witnesses are sworn before the court or jury, the court shall, upon request of either party, certify what facts are proved by such witnesses. If the facts cannot be certified, the court shall then certify the evidence of the witnesses. In either case, such certificate shall be a part of the record.Code 1919, § 499; Code 1950, § 55-178; 2019, c. 712.
VA Code § 55.1-2412 (2021)
2021 Code of Virginia|Title 55.1 - Property and Conveyances|Chapter 24 - Escheats|§ 55.1-2412. Lands may be committed to claimant while claim pending

Pending the petition, the court may commit the lands, or any part thereof, to the claimant, after he has given bond with good security to pay the Commonwealth the rents and profits of such land, if judgment is subsequently entered for the Commonwealth.Code 1919, § 500; Code 1950, § 55-179; 2019, c. 712.