---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-23-038216"
form_type: "8-K"
ticker: "ILAL"
cik: "0001657214"
company_name: "International Land Alliance Inc."
filed_at: "2023-10-25T23:59:59+00:00"
generated_at: "2026-06-09T10:53:07.382490+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# ILAL subsidiary receives subdivision approval, enabling recognition of $4.2M deferred revenue

## Summary
- Rancho Costa Verde subsidiary in Mexico got subdivision approval from San Felipe municipality for Phase II and III.
- Approval fulfills final performance obligation for 600 residential lots previously sold.
- Gross sales from those lots exceeded $18M; $4.2M in deferred revenue can now be recognized.
- Payment of final transfer taxes is also required for revenue recognition.

## SEC filing metadata
- accession: 0001493152-23-038216
- form_type: 8-K
- ticker: ILAL
- cik: 0001657214
- company_name: International Land Alliance Inc.
- filed_at: 2023-10-25T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1657214/000149315223038216/0001493152-23-038216-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1657214/000149315223038216/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-23-038216
- JSON: https://secwatch.observer/filing/0001493152-23-038216.json
- Plain text: https://secwatch.observer/filing/0001493152-23-038216.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.