Schumer, Maloney, Gillibrand, McHenry Introduce Interstate Land Sales Disclosure Act Update

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By New York RealEstateRama -

WASHINGTON, DC – August 7, 2012 – (RealEstateRama) — Senator Charles Schumer (D-NY), Rep. Carolyn Maloney (D-NY), and Senator Kirsten Gillibrand (D-NY) along with Reps. Patrick McHenry (R-NC), Jerrold Nadler (D-NY), and Michael Grimm (R-NY) have introduced the “Interstate Land Sales Disclosure Act Update of 2012” (S. 3499/H.R. 6337) to allow condominium developers and their lenders some certainty as the economy continues to recover

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