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Home / Opinion Digests / Real Estate – Consumer Protection – Interstate Land Sales Act – Improved Lot Exemption (access required)

Real Estate – Consumer Protection – Interstate Land Sales Act – Improved Lot Exemption (access required)

Condo buyers in a Northern Virginia complex can pursue their claims for rescission of their sales contracts and deposit refunds, the 4th Circuit says, as it reverses a district court’s dismissal of plaintiffs’ claims under the Interstate Land Sales Full Disclosure Act. The developer, Merrifield Town Center LP, moved to dismiss plaintiff buyers’ claims on the ...

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