Regarding time shares in Virginia, the declarant must file a time-share project instrument, which defines the project, and is in accordance with which of the following?

The correct answer is based on the requirement that the declarant of a time-share project in Virginia must file a project instrument that is defined in accordance with specific regulations. The Virginia Non-Stock Corporation Act governs certain types of organizations, including how non-stock corporations operate, which can include the structuring of time-share projects as non-stock entities.

Time-share projects often take the form of a non-stock corporation, where individuals hold interests in a property without the traditional ownership structure. This legal framework is crucial for managing shared ownership, member rights, and the governance of the time-share entity. Therefore, following the provisions of the Virginia Non-Stock Corporation Act is essential for legal compliance in defining and operating a time-share project.

The other options refer to laws that either do not specifically govern the filing of time-share project instruments or focus on different aspects of real estate and property management. The Virginia Fair Time Shares Act and the Virginia Time Shares and Condo Regulations deal with consumer protections and operational guidelines within the real estate market, while the Virginia Condo and Coop Act primarily concerns condominium structures and their management, not specifically time-share projects.