Which act prohibits selling or leasing, by mail or interstate commerce, any lot in a subdivision of 100 or more nonexempt lots unless registered with HUD?

• A. Interstate Land Sales Full Disclosure Act
• B. Real Estate Licensing Act
• C. Do Not Call Act
• D. Truth in Lending Act

Answer: (A)

The question targets a federal disclosure rule for land sold across state lines. The Interstate Land Sales Full Disclosure Act is designed to protect buyers by requiring clear information before purchasing subdivision land that will be sold across state lines. When a subdivision has 100 or more nonexempt lots, selling or leasing any lot by mail or interstate commerce is not allowed unless the subdivision is registered with HUD and a property report is provided to the buyer. This requirement ensures buyers have essential details about the development, status, and any restrictions before committing.

The other acts address different areas: licensing real estate professionals, regulating telemarketing practices, and standardizing loan disclosures. So the act described is the Interstate Land Sales Full Disclosure Act, which governs registration and disclosure for large subdivisions sold across state lines.