Section R4-28-805. Public Report Receipt


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  • When a public report is required, the developer shall complete the following public report receipt and obtain the purchaser’s signature to verify that the prospective purchaser has received a copy of the public report:

    PUBLIC REPORT RECEIPT

    The developer shall furnish you, as a prospective customer, with a copy of the public  report required by the Arizona Department of Real Estate. It is recommended that you read the report before you make any written offer to purchase or lease an interest in the development and before you pay any money or other consideration toward the purchase or lease of an interest in the development.

    FOR YOUR PROTECTION, DO NOT SIGN THIS RECEIPT UNTIL YOU HAVE RECEIVED A COPY OF THE REPORT AND HAVE HAD THE OPPORTUNITY TO READ IT. BY SIGNING THIS RECEIPT, THE BUYER HAS ACCEPTED THE PUBLIC REPORT AND ACKNOWLEDGES THE INFORMATION IT CONTAINS.

    Public Report Registration No. Development Name and Lot No.

    I understand the report is not a recommendation or endorse- ment of the development by the Arizona Department of Real Estate, but is for information only.

    Buyer’s Name                                         Address

    Date

Historical Note

New Section R4-28-805 adopted by final rulemaking at 5

A.A.R. 650, effective February 3, 1999 (Supp. 99-1).