Interstate Land Sales Full Disclosure Act

The Interstate Land Sales Full Disclosure Act is a federal law aimed at protecting consumers from fraud when buying land in different states. It requires developers to provide detailed information about the property being sold, including its location, financing terms, and potential risks. Developers must register their projects with the government, ensuring transparency and allowing buyers to make informed decisions. This law is particularly important for out-of-state buyers, helping them avoid scams and hidden issues related to land purchases.