Interstate Land Sales Full Disclosure Act

URI: https://gptkb.org/entity/Interstate_Land_Sales_Full_Disclosure_Act
GPTKB entity
AI-created image of Interstate Land Sales Full Disclosure Act
AI-created image
Statements (24)
Predicate Object
gptkbp:instanceOf gptkb:United_States_federal_law
gptkbp:abbreviation gptkb:ILSA
gptkbp:administeredBy gptkb:Consumer_Financial_Protection_Bureau
gptkb:U.S._Department_of_Housing_and_Urban_Development
gptkbp:amendedBy gptkb:Dodd-Frank_Wall_Street_Reform_and_Consumer_Protection_Act
gptkbp:appliesTo interstate sale or lease of subdivided land
gptkbp:codifiedIn gptkb:15_U.S.C._§§_1701–1720
gptkbp:dateEnacted 1968
gptkbp:enactedBy gptkb:United_States_Congress
gptkbp:enforcedBy criminal penalties
civil penalties
private right of action
gptkbp:excludes lots of 20 acres or more
lots sold to builders
subdivisions with fewer than 25 lots
gptkbp:purpose protect consumers from fraud in the sale or lease of land
gptkbp:relatedTo gptkb:consumer_protection_law
real estate law
gptkbp:requires developers to provide a Property Report to buyers
developers to register subdivisions
gptkbp:signedBy gptkb:Lyndon_B._Johnson
gptkbp:bfsParent gptkb:Consumer_Financial_Protection_Bureau
gptkbp:bfsLayer 5
https://www.w3.org/2000/01/rdf-schema#label Interstate Land Sales Full Disclosure Act