LESLIE H. SOUTHWICK, Circuit Judge:
Plaintiffs were purchasers of condominium units at a planned development on the Mississippi Gulf Coast. They seek to rescind their sales contracts on the basis of violations of the Interstate Land Sales Full Disclosure Act. The district court granted summary judgment in favor of the defendant Beau View, holding that a statutory exemption applied.
We REVERSE and REMAND.
FACTS AND PROCEDURAL HISTORY
Beau...
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