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Interstate land sales registration program

The Interstate Land Sales Full Disclosure Act (ILSA) requires a developer of a subdivision containing one hundred or more nonexempt lots to register its subdivision with the Bureau. 

The developer must also provide lot purchasers with a disclosure statement known as a property report before a sales contract is signed. 

Registration resources

Electronic Filing Instructions (pursuant to 12 CFR 1010.20(a))

(pursuant to 12 CFR 1010.35(a)(1)(ii)

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