Property Report

Required by the Interstate Land Sale Act for the sale of Subdivisions of 50 lots or more, if the subdivisions are not otherwise exempt. It is filed with HUD's Office of Interstate Land Sales Registration.

Required by the Interstate Land Sale Act for the sale of Subdivisions of 50 lots or more, if the subdivisions are not otherwise exempt. Filed with HUD's Office of Interstate Land Sales Registration (Oilsr).
Example: A subdivider wishes to sell lots in a 55-lot development, through an interstate commerce promotional plan. She is required to file a property report with OILSR.