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HUD Interstate Land Sales Act

104 32

    Revocation of the Sale

    • According to HUD, the purchaser has the option to revoke the purchase within 7 days. This time may be extended by applicable state laws.

    State Law

    • According to HUD, the act states that states may enact similar laws if they are essentially equal. These laws may only be enacted if their requirements are at least as strict as the original act.

    Civil Liabilities

    • The act, according to HUD, specifies that the purchaser may bring suit against a seller who is in violation of the act. In this case, the court may order damages or other relief as the court deems equitable.

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