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Lawyers

Land Sales Compliance

At Hyatt & Stubblefield, P.C., we have substantial experience in assisting developers in complying with state and federal laws regulating the marketing and sale of subdivided land, condominiums, and timeshare and other fractional interest programs, enabling us to provide efficient and cost-effective land sales compliance strategies and solutions for community developers who:

  • Engage in lot sales to the public;

  • Advertise in markets outside the state where their projects are located; or

  • Expect to receive inquiries or visits from residents of other states.

Compliance Strategy

 In coordination with the developer and its marketing and sales team, we:

  • Determine the availability of exemptions from or the need to register under the federal Interstate Land Sales Full Disclosure Act;

  • Provide information regarding compliance requirements in various markets to assist the marketing team in deciding where to focus its marketing efforts;

  • Analyze the availability of exemptions or need to register in each of the target markets identified by the marketing team;

  • Prepare disclosure documents, sales documents, and other submittals to comply with applicable federal and state land sales regulations;

  • Review advertising and marketing materials and provide appropriate disclaimers to comply with state and federal law and minimize potential liability; and

  • Provide training to the marketing and sales team regarding continuing obligations to maintain compliance and avoid unintentionally triggering the jurisdiction of states and foreign countries in which the project is not qualified.

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