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12 CFR 1011.10

§ 1011.10 General.

United States · 12 CFR — Banks and Banking · Status: effective

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Citation
12 CFR 1011.10, § 1011.10 General, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/49404
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Full text

Sales practices means any conduct or advertising by a developer or its agents to induce a person to buy or lease a lot. This subpart describes certain unlawful sales practices and provides standards to illustrate what other sales practices are considered misleading in light of certain circumstances in which they are made and within the context of the overall offer and sale or lease.

Legislative history

This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.