Legal Question in Real Estate Law in New York
Is it legal for a real estate development company located in Ohio to sell a timeshare located in NY to a person in another state?
Thank you,
M Costello
Asked on 12/29/10, 6:53 pm
1 Answer from Attorneys
Kevin Connolly
Kevin J. Connolly
It's not unlawful, but in addition to all of the usual complications of selling a timeshare, including the preparation of an offering statement that is approved by the NY Attorney General's office, the seller must comply with the Interstate Land Sales Registration Act.
Answered on 1/05/11, 11:33 am
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