Mastropietro v. Harbour Phase I Owners, LLC

KELLY, Judge.

The appellants, Michael Mastropietro and Joseph Rabbia, challenge the order dismissing their complaint against Har-bour Phase I Owners, LLC (Harbour) on the ground that it was untimely under 15 U.S.C. § 1703(c) (2006), which provides a two-year period within which a purchaser may assert his right to rescind a purchase contract under the Interstate Land Sales Full Disclosure Act (ILSA). 15 U.S.C. § 1701-1720. We agree their claim was untimely, and accordingly, we affirm.

The appellants and Harbour entered into a condominium purchase agreement on December 20, 2004. Nearly three…