Require advertising materials be submitted with the initial public offering statement.

Summary

The bill amends the West Virginia Real Estate Time‑Sharing Act to require developers, sellers and managing entities to submit all advertising brochures, radio/TV transcripts, lodging certificates and other promotional items to the State Auditor’s Division of Land Sales and Condominiums within ten days of first use. It also sets rules against misleading or deceptive advertising and mandates disclosures for promotional contests. The goal is to give buyers clearer, more accurate information before they purchase a time‑share.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

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