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Is a title company a ‘developer’ or ‘agent’ under ILSFDA?
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Court Report
Tuesday, May 13, 2014
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A Minnesota federal judge determined that a title company, which served as an escrow agent in two purchase transactions, was neither a developer nor an agent within the meaning of the Interstate Land Sales Full Disclosure Act (ILSFDA) and therefore granted in part and denied in part the company’s summary judgment motion.
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