15 USC Ch. 42: Front Matter
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15 USC Ch. 42: Front Matter
From Title 15-COMMERCE AND TRADECHAPTER 42-INTERSTATE LAND SALES

CHAPTER 42-INTERSTATE LAND SALES

Sec.
1701.
Definitions.
1702.
Exemptions.
(a)
Sale or lease of lots generally.
(b)
Sale or lease of lots subject to other statutory registration and disclosure requirements.
(c)
Rules and regulations.
1703.
Requirements respecting sale or lease of lots.
(a)
Prohibited activities.
(b)
Revocation of nonexempt contract or agreement at option of purchaser or lessee; time limit.
(c)
Revocation of contract or agreement at option of purchaser or lessee where required property report not supplied.
(d)
Additional authority for revocation of nonexempt contract or agreement at option of purchaser or lessee; time limit; applicability.
(e)
Repayment of purchaser or lessee upon revocation of all money paid under contract or agreement to seller or lessor.
1704.
Registration of subdivisions.
(a)
Filing of statement of record.
(b)
Payment of fees; use by Secretary.
(c)
Filing deemed to have taken place upon receipt of statement of record accompanied by fee.
(d)
Availability of information to public.
1705.
Information required in statement of record.
1706.
Effective date of statements of record and amendments thereto.
(a)
Thirtieth day after filing or such earlier date as determined by Secretary; consolidation of subsequent statement with earlier recording.
(b)
Incomplete or inaccurate statements of record.
(c)
Amendment of statement of record.
(d)
Suspension of statement of record containing untrue statement or omission to state material fact; notice and hearing; termination of order of suspension.
(e)
Examination to determine issuance of order; access to records; order suspending statement of record upon failure to cooperate.
(f)
Service of notices.
1707.
Property report.
(a)
Contents of report.
(b)
Promotional use.
1708.
Certification of substantially equivalent State law.
(a)
Criteria; request by State.
(b)
Filing of State disclosure materials and related documentation for purposes of Federal statement of record and property report requirements; acceptance by Secretary.
(c)
Notice to State upon failure to meet requirements and remedial action necessary for certification.
(d)
Periodic review of certified States' laws, regulations, and administration; withdrawal of certification.
(e)
State and local governmental authorities affected; cooperation with State authorities.
1709.
Civil liabilities.
(a)
Violations; relief recoverable.
(b)
Enforcement of rights by purchaser or lessee.
(c)
Amounts recoverable.
(d)
Contributions.
1710.
Court review of orders.
(a)
Petition; jurisdiction; findings of Secretary; additional evidence; finality.
(b)
Stay of Secretary's order.
1711.
Limitation of actions.
(a)
Section 1703(a) violations.
(b)
Section 1703(b) to (e) violations.
1712.
Contrary stipulations void.
1713.
Additional remedies.
1714.
Investigations, injunctions, and prosecution of offenses.
(a)
Permanent or temporary injunction or restraining order; jurisdiction.
(b)
Investigations; publication of information concerning violations.
(c)
Oaths and affirmations; subpena power.
(d)
Contempt; court order requiring attendance and testimony of witnesses; jurisdiction.
1715.
Administration.
(a)
Delegation of functions, duties, and powers; scope of delegations; appointment, etc., of delegates; right of appeal.
(b)
Hearings.
(c)
Procedures applicable.
1716.
Unlawful representations.
1717.
Penalties for violations.
1717a.
Civil money penalties.
(a)
In general.
(b)
Agency procedures.
(c)
Judicial review of agency determination.
(d)
Action to collect penalty.
(e)
Settlement by Secretary.
(f)
"Knowingly" defined.
(g)
Regulations.
(h)
Use of penalties for administration.
1718.
Rules, regulations, and orders.
1719.
Jurisdiction of offenses and suits.
1719a.
Repealed.
1720.
Authorization of appropriations.