A division of the Department of Housing and Urban Development that oversees the sale of building lots or recreational lots across state borders.
Office of Interstate Land Sales
| Business Dictionary: Office of Interstate Land Sales |
| 5min Related Video: Office of Interstate Land Sales |
| Real Estate Dictionary: Office of Interstate Land Sales Registration (Oilsr) |
A division of the U.S. Department of Housing and Urban Development that regulates offerings of land for sale across state lines. See Interstate Land Sales Act.
Example: Norwood Subdivides a large land parcel in Arizona and wishes to market the lots to investors across the nation. Norwood is required to register the offering with OILSR and follow certain procedures intended to inform buyers of the characteristics of their investment.
Learn More
 | Oilsr |
| Property Report (business term) |
| Interstate Land Sales Act (business term) |
Help us answer these
Post a question - any question - to the WikiAnswers community:
Copyrights:
 |
 | Business Dictionary. Dictionary of Business Terms. Copyright © 2000 by Barron's Educational Series, Inc. All rights reserved. Read more |
|
| Real Estate Dictionary. Dictionary of Real Estate Terms. Copyright © 2004 by Barron's Educational Series, Inc. All rights reserved. Read more |
Related answers
- What about the interstate sales?
- Regulates the interstate transfer and sale of electricity?
- What is the main importance of a sale office?
ADVERTISEMENT
Answer these
- What does the office of Interstate land Sales registration do?
- Does a salesman for interstate land sales have to have a license?
Mentioned in
- Oilsr
- Property Report (business term)
- Interstate Land Sales Act (business term)
- AMREP Corporation
