Answered

Under the Interstate Land Sales Full Disclosure Act, lots offered for sale are exempt from the Act where a seller is obligated to construct a building within:

A) four years.
B) three years.
C) five years.
D) two years.



Answer :

GinnyAnswer

Final answer:

The Interstate Land Sales Full Disclosure Act exempts lots from the Act when the seller is obligated to construct a building within five years.


Explanation:

The Interstate Land Sales Full Disclosure Act exempts lots from the Act when the seller is obligated to construct a building within a specific timeframe. In this case, the exemption applies when the seller is obligated to construct a building within five years.


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