Virginia § 55.1-2236 - Purchaser's rights under developer's foreclosure

Full text of Virginia Code of Virginia § 55.1-2236 — Purchaser's rights under developer's foreclosure, with citation guidance and answers to common questions.

§ 55.1-2236. Purchaser's rights under developer's foreclosure

The developer whose project is subject to an underlying blanket lien or encumbrance shall protect a nondefaulting purchaser from foreclosure or cancellation by the lien holder by securing from such lien holder or recording of a nondisturbance clause, subordination agreement, or partial release of the lien as to that time-share sold to such purchaser.

1981, c. 462, § 55-388; 1985, c. 517; 2019, c. 712.

Source: official Virginia text · Last verified 2026-08-27

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Frequently Asked Questions About Virginia § 55.1-2236

What does Code of Virginia § 55.1-2236 cover?

Section 55.1-2236 ("Purchaser's rights under developer's foreclosure") is part of the Code of Virginia, the codified statutory law of Virginia. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.

How do I cite Virginia § 55.1-2236?

A common citation format is "Code of Virginia § 55.1-2236" (Virginia). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.

Is this the official text of Virginia law?

No. This page is for research and education and may not include the most recent amendments. For official current law, check the Virginia official source linked on this page or consult a licensed Virginia attorney.

How does Virginia § 55.1-2236 apply to my situation?

Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Virginia can advise on how this section applies to you. Contact your state or local bar association for a referral.

Sources & Verification

Not legal advice. Verify against the official source and consult a licensed attorney in Virginia.