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Code · STATUTE-COMPILATIONS · Compilation 10381 · Sec. 1408

Sec. 1408. information required in property report

177 words·~1 min read·/statute-compilations/comps-10381/sec-1408

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## Sec. 1408 information required in property report **[**[15 U.S.C. 1707](/us/usc/t15/s1707)**]** ###
(a)A property report relating to the lots in a subdivision shall contain such of the information contained in the statement of record, and any amendments thereto, as the Director may deem necessary, but need not include the documents referred to in paragraphs
(7)to (11), inclusive, of section 1406. A property report shall also contain such other information as the Director may by rules or regulations require as being necessary or appropriate in the public interest or for the protection of purchasers. ###
(b)The property report shall not be used for any promotional purposes before the statement of record becomes effective and then only if it is used in its entirety. No person may advertise or represent that the Director approves or recommends the subdivision or the sale or lease of lots therein. No portion of the property report shall be underscored, italicized, or printed in larger, or bolder type than the balance of the statement unless the Director requires or permits it.
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information required in property report
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