Sol Property Group has the resources to assist you in this process. Strand Law Firm: Strand Law Firm provides centralized services to real estate developers and subdividers worldwide to comply with United States Federal Interstate Land Sales Full Disclosure Act (ILSA) and state Registrations of subdivided lands statutes. Registration enables lawful marketing of international and domestic real estate ownership and investment opportunities to prospective United States buyers and investors in their home state. Strand Law Firm counsels developers to assess the applicability of U.S. Federal and State statutes to their project and explain the benefits of Registration to purchasers. The Issue: Increasing numbers of United States citizens are considering international real estate purchases and this is triggering renewed enforcement of federal and state consumer protection statutes concerning the marketing and selling of subdivided lands within the USA or via the internet. Developers, sub dividers, and the real estate agents who assist them, may be found in violation of statutes whether the project is within the United States or located in a foreign country. Compliance with the laws is complicated due to many variations between the states and the federal statute. Rather than recognize the benefits of Registration, and in an attempt to avoid Registration, some developers post a disclaimer in their ads or websites stating that inquiries may not be answered if the inquiry comes from a resident of a state which requires prior Registration. The Opportunity and Benefits: Consumers, especially the United States baby-boomers, have an increasing awareness of the subdivided land registration requirements and the due diligence benefits a state or federal registration provides. Those developers and sub dividers who comply with registration of subdivided lands requirements see the registration as creating a marketing advantage, while also avoiding non-Registration liabilities including the buyers’ rights to cancellation of a purchase agreement due to non-compliance. Early awareness of registration requirements also avoids waste of non-compliant promotional materials. Additionally, timely and proper registration can avoid costly delay due to interruption of critical marketing efforts spent addressing violation issues or resolving cease and desist orders. Registration of Subdivided Lands Process: Strand Law Firm is focused on providing assistance through all phases of the registration of subdivided lands on both the Federal Interstate Land Sales Act (ILSA) and at the state level. The approach is geared toward removing the client's need to recreate the registration process with each state which requires Registration and complete those so the developer can lawfully market their real estate projects directly to their desired buyers' located within the United States. The process is streamlined to relieve the client developer of most all of the data compilation burden and of doing statute interpretation. After an initial consultation, an on-site inspection is performed by the firm to gather data needed for the Registrations. This first-hand visit condenses the time spent gathering project data and increases the completeness of the information. The visit also provides an opportunity for the firm to interact with members of the client's staff and their local professionals, all of which increases efficiency during the process. About Steven W. Strand: Steven W. Strand is an attorney and also has over 20 years of real estate sales and marketing experience. His experience includes the construction and sales of single family homes, condominiums and townhomes, management of rental properties, international travels, and involvement with Realtor® groups. Steven’s background provides clients a unique combination of law, real estate knowledge, international contacts, as well as Spanish language abilities. Professional background: - Law degree from William Mitchell College of Law, Saint Paul, Minnesota (2000).
 - Member Minnesota State Bar Association
- Member National Association of Realtors (N.A.R.) since 1983.
- Certified International Real Estate Specialist (CIPS) by N.A.R.
- Transnational Referral Certified (TRC) by N.A.R.
Additional Background: Undergraduate Studies: University of St. Thomas, St. Paul, Minnesota (1980). BA Business Admin., BA Spanish.
Foreign Studies and Conferences: |