18 Va. Admin. Code § 48-30-60
Current through Register Vol. 41, No. 9, December 16, 2024
No condominium marketing activity shall be deemed an offer unless, by its express terms, it induces, solicits, or encourages a prospective purchaser to execute a contract of sale of the condominium unit or lease of a leasehold condominium unit or perform some other act that would create or purport to create a legal or equitable interest in the condominium unit other than a security interest in or a nonbinding reservation of the condominium unit.
18 Va. Admin. Code § 48-30-60
Statutory Authority: § 54.1-2349 of the Code of Virginia.