Improved-Lot Exemption

Study Aids
Key Terms
I

Improved-Lot Exemption

Definition

Exemption to the Interstate Land Sales Full Disclosure Act, 15 U.S.C. § 1701 et seq., for improved land where there is a residential, commercial, condominium, or industrial building or where the contract of sale obligates the seller to erect such a structure within two years.

Related rules

Mauris finibus odio eu maximus interdum. Ut ultricies suscipit justo in bibendum. Sed eu magna efficitur, luctus lorem ut, tincidunt arcu. Praesent varius sit amet erat hendrerit placerat. In posuere eget ante id facilisis. Integer semper venenatis felis lacinia malesuada.

— An v. Leviev Fulton Club, LLC

Get full access FREE

With a 7-day free trial membership
Here's why 811,000 law students have relied on our key terms:
  • A complete online legal dictionary of law terms and legal definitions
  • Over 7,900 key terms written in plain English to help you not only understand the law but master it
  • The premier online law dictionary built specifically for law students
  • Easy access in class or on the go, accessible both online and through the Quimbee mobile app
  • Reliable - written by legal professors and practitioners
  • Get instant access to all related rules of law to any specific key term with a Quimbee Study Aid plan

Get full access FREE

With a 7-day free trial membership