Interstate Land Sales Full Disclosure Act

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January 1, 1 7 min read Definitions

Property Report Interstate Land Sales Full Disclosure Act OILSR HUD Subdivisions Land Sales Real Estate Regulation Property Disclosure

A Property Report is a mandatory document for the sale of subdivisions of 50 lots or more, as required by the Interstate Land Sales Full Disclosure Act (ILSA). This report must be filed with the Office of Interstate Land Sales Registration (OILSR) under the U.S. Department of Housing and Urban Development (HUD).