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Condominiums ILSFDA Consumer Financial Protection Bureau (CFPB)

Ballard Spahr LLP

Senate passes bill exempting condo unit sales from ILSFDA registration

Ballard Spahr LLP on

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

CFPB files amicus brief in Second Circuit ILSA case

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On March 12, 2013, the CFPB filed a new amicus brief supporting the consumer/appellee’s position that the Interstate Land Sales Full Disclosure Act (ILSA) applies to condominium units, even where the unit does not also...more

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