Code of Federal Regulations (alpha)

CFR /  Title 12  /  Part 1010  /  Sec. 1010.20 Requirements for registering a subdivision--Statement

(a) Filing. In order to register a subdivision and receive an effective date, the developer or owner of the subdivision must file a Statement of Record with the Director. The official address to be used is: CFPB Interstate Land Sales, c/o: Armedia LLC, 8221 Old Courthouse Road, Suite 206, Vienna, VA 22182. When the Statement of Record is filed, a fee in the amount set out in Sec. 1010.35(b) must be paid in accordance with Sec. 1010.35(a).

(b) Form. The Statement of Record shall be in the format specified in Sec. 1010.100 and shall be completed in accordance with the instructions in Sec. Sec. 1010.102, 1010.105 through 1010.118, 1010.200, 1010.208 through 1010.216 and 1010.219. It shall be supported by the documents required by Sec. Sec. 1010.208 through 1010.216 and 1010.219. It shall include any other information or documents which the Director may require as being necessary or appropriate for the protection of purchasers.

(c) State filings. A Statement of Record submitted under the provisions of 12 CFR part 1010, subpart C--Certification of Substantially Equivalent State Law, shall consist of the materials designated by the Certification Agreement between the Director and the certified state in which the subdivision is located.