West Virginia § 36B-4-105 Same -- Time shares

West Virginia Statutes

§ 36B-4-105 — Same -- Time shares

West Virginia § 36B-4-105

Ch. 36BUNIFORM COMMON INTEREST OWNERSHIP ACT

Art. 4PROTECTION OF PURCHASERS

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Bluebook

W. Va. Code § 36B-4-105 (2026).

Text

If the declaration provides that ownership or occupancy of any units, is or may be in time shares, the public offering statement shall disclose, in addition to the information required by section 4-103:

(1)The number and identity of units in which time shares may be created;

(2)The total number of time shares that may be created;

(3)The minimum duration of any time shares that may be created; and

(4)The extent to which the creation of time shares will or may affect the enforceability of the association's lien for assessments provided in section 3-116.

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If the declaration provides that ownership or occupancy of any units, is or may be in time shares, the public offering statement shall disclose, in addition to the information required by section 4-103:

(1) The number and identity of units in which time shares may be created;

(2) The total number of time shares that may be created;

(3) The minimum duration of any time shares that may be created; and

(4) The extent to which the creation of time shares will or may affect the enforceability of the association's lien for assessments provided in section 3-116.