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The Interstate Land Sales Full Disclosure Act of 1968 (ILSFDA or ILSA or "Act") was an act of Congress passed in 1968 to facilitate regulation of interstate land sales, to protect consumers from fraud and abuse in the sale or lease of land. The Act was patterned after the Securities Act of 1933 and required land developers to register ...
This summary is based largely on the summary provided by the Congressional Research Service, a public domain source. [2] H.R. 2600 would amend the Interstate Land Sales Full Disclosure Act to exempt from certain registration and disclosure requirements the sale or lease of a condominium unit not already exempt from coverage under such Act.
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Binder – In law, a binder (also known as an agreement for sale, earnest money contract, memorandum of sale, or contract to sell) is a short-form preliminary contract in which the purchaser agrees to buy and the seller agrees to sell certain real estate under stated terms and conditions, usually in the form of a purchase offer, and is ...
Another way to find land for sale is to simply drive around your desired area and look for for-sale signs, or drive over to a local real estate office to check the listings in the window.
To amend the Interstate Land Sales Full Disclosure Act to clarify how the Act applies to condominiums
The Interstate Income Act of 1959, also known as Public Law 86-272, [1] is a United States statute that allows a business to go, or send representatives, into a state to solicit orders for goods without being subject to a net income tax. [2] It is codified at 15 U.S.C. §§ 381–384.
Several interstate compacts may establish multi-state agencies in order to coordinate policy between, or perform tasks on behalf of, member states. Such agencies may take the form of commissions, with at least one representative from a member state with a voting role in the commission.