We found a match
Your institution may have access to this item. Find your institution then sign in to continue.
- Title
New Condominium Exemption to the Interstate Land Sales Full Disclosure Act.
- Authors
Linquanti, Richard; Sklar, William P.
- Abstract
The article discusses how an amendment to the U.S. Interstate Land Sales Full Disclosure Act (ILSA), which becomes effective on March 26, 2015, adds an exemption from registration for a "condominium unit (condo). "Improved lots," ILSA's anti-fraud rules, and condo sales are mentioned. It states that Florida led the nation in terms of the number of lawsuits that were filed by consumers seeking to rescind their pending or closed condominium unit purchase contracts.
- Subjects
UNITED States; FLORIDA; CONDOMINIUM sales &; prices; EXEMPTION (Law); INTERSTATE land sale laws; DISCLOSURE laws; RESCISSION (Law); LEGISLATIVE amendments; ACTIONS &; defenses (Law); FRAUD prevention laws; LAW
- Publication
Florida Bar Journal, 2015, Vol 89, Issue 3, p46
- ISSN
0015-3915
- Publication type
Article