Land Use Controls
Land Use Controls Practice Question
Under the Interstate Land Sales Full Disclosure Act, buyers have how many days to cancel after receiving the property report?
A
3 daysB
7 daysC
10 daysD
30 daysExplanation
The Interstate Land Sales Full Disclosure Act gives buyers 7 days to cancel after signing a purchase contract if they received the property report before signing. If they didn't receive it, they have 2 years to cancel.
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