Land Use & Zoning
Interstate land sales in Alabama for 25 or more unimproved lots may be regulated by:
AAREC only
BThe Interstate Land Sales Full Disclosure Act (ILSFDA) administered by HUD✓ Correct
CThe Alabama Department of Revenue
DThe Federal Trade Commission
Explanation
The Interstate Land Sales Full Disclosure Act (ILSFDA), administered by HUD/CFPB, regulates the sale or lease of 25 or more lots across state lines, requiring registration and disclosure.
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