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Real Estate Transfers ILSFDA

Ballard Spahr LLP

Senate passes bill exempting condo unit sales from ILSFDA registration

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In May 2013, we reported that the CFPB’s amicus program scored a victory when the U.S. Court of Appeals for the Second Circuit ruled that the sale of a single-floor condominium unit in a multistory building was subject to the...more

Ballard Spahr LLP

Condominium Unit Sales Exempt from Registration under ILSFDA

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The sale of condominium units will no longer be subject to the registration requirements of the Interstate Land Sales Full Disclosure Act (the ILSFDA) under a bill passed by both houses of Congress. Barring a veto, the new...more

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