Interstate Land Sales Registration Files (ILS)

The new system of records described in this notice, CFPB.012—Interstate Land Sales Registration Files will contain personal information submitted by developers of land or other individuals offering 25 or more lots for sale and using any means or instruments of interstate commerce (including the mails) in promoting or selling properties pursuant to the requirements of the Interstate Land Sales Full Disclosure Act, and in the administration and management of the Interstate Land Sales Registration Program. The majority of information contained in this system is public data, however, it also includes some non-public data, such as Social Security numbers.

Who is covered? Individuals who are developers of land and other individuals offering 25 or more lots for sale and using any means or instruments of interstate commerce (including the mails).

What information is collected? Names, addresses, Social Security numbers and other identifying information contained in property reports. Also included are statements of record which contain full and current disclosure about the ownership of land; the state of title to the land; the physical characteristics of the land; and planned availability of roads, services, and utilities, as well as other related reports. The majority of information contained in this system is public data, however, some of the data, such as Social Security numbers, is not available to the public.

Why is the information collected? The system allows for the submission of information related to interstate land sales registrations as required by the Interstate Land Sales Full Disclosure Act, codified at 15 U.S.C. 1701  et seq. The functions of the Interstate Land Sales Full Disclosure Act (“ILSA”), transferred to the Bureau on July 20, 2011. HUD previously published a system of records notice for this record system.


System of Records Notice

Full SORN