24 C.F.R. § 1710.17   Advisory opinion.


Title 24 - Housing and Urban Development


Title 24: Housing and Urban Development
PART 1710—LAND REGISTRATION
Subpart A—General Requirements

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§ 1710.17   Advisory opinion.

(a) General. A developer may request an opinion from the Secretary as to whether an offering qualifies for an exemption or is subject to the jurisdiction of the Act.

(b) Requirements. All requests for Advisory Opinions must be accompanied by the following:

(1) A $500.00 filing fee submitted in accordance with §1710.35(a). This fee is not refundable.

(2) A comprehensive description of the conditions and operations of the offering. There is no prescribed format for submitting this information, but the developer should at least cite the applicable statutory or regulatory basis for the exemption or lack of jurisdiction and thoroughly explain how the offering either satisfies the requirements for exemption or falls outside the purview of the Act.

(3) An affirmation as shown below:

Developer's Affirmation

Name of Subdivision____________________
Location (Including County and State)____________________
Name of Developer____________________
Address of Developer____________________
Name of Agent____________________
Address of Agent____________________
Number of Lots in Subdivision____________________
Number of Acres in Subdivision____________________

I affirm that I am the developer or owner of the property described above or will be the developer or owner at the time the lots are offered for sale to the public, or that I am the agent authorized by the developer or owner to complete this statement.

I further affirm that the statements contained in all documents submitted with the request for an Advisory Opinion are true and complete.

____________________

(Date)

____________________

(Signature) ________________________________

____________________

(Title) ____________________________________

Warning: Section 1418 of the Housing and Urban Development Act of 1968 (83 Stat. 598, 15 U.S.C. 1717 as amended) provides: “Any person who willfully violates any of the provisions of this title or the rules and regulations prescribed pursuant thereto  *  *  *, shall upon conviction be fined not more than $10,000.00 or imprisoned not more than five years, or both.”

[45 FR 40479, June 13, 1980, as amended at 49 FR 31370, 31373, Aug. 6, 1984]

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