New York Guidelines For Advertising Out-Of-State Properties

On August 5, 2015 the Real Estate Finance Bureau of the New York Department of Law (the “Department”) presented a Memorandum pursuant to the State Administrative Procedure Act providing Guidelines for Advertising Out-of-State Real Estate Offerings.  While purportedly applying primarily to Internet Web Sites and Apps, the Guidelines provide ...


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Enforcement of the Interstate Land Sales Full Disclosure Act (“ILSFDA”) Shifts to the Bureau of Consumer Financial Protection

On July 21, 2011, enforcement of the Interstate Land Sales Full Disclosure Act (“ILSFDA”) shifted from the Office of Interstate Land Sales Registration (“OILSR”), previously a sub-agency at the Department of Housing and Urban Development (“HUD”), to the new Bureau of Consumer Financial Protection (“CFPB”) ...


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