§ 1010.8. Scattered site subdivisions.
103 words·~1 min read·
/us/cfr/t12/s§ 1010.8·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
(a)The sale of lots in a subdivision consisting of noncontiguous parts is exempt from the registration requirements of the Act if:
(1)Each noncontiguous part of the subdivision contains twenty or fewer lots; and
(2)Each purchaser or purchaser's spouse makes a personal, on-the-lot inspection of the lot purchased prior to signing a contract.
(b)For purposes of this exemption, interruptions such as roads, parks, small bodies of water or recreational facilities do not serve to break the contiguity of parts of a subdivision.
(c)The sale must also comply with the anti-fraud provisions of § 1010.4(b) and
(c)of this part.