Section Jus 1307.03 - Contents of Public Offering Statement(a) In addition to those matters required by RSA 356-A:6, every public offering statement shall also include:(1) A description of any legal proceedings against the subdivider which may affect the financial status of the subdivision; and(2) A statement of any legal proceedings brought in the last 5 years by a property owners' association or a purchaser of a lot, parcel, unit, or interest against the subdivider, against a principal of the subdivider or against another subdivider, officer, partner or trustee who is a principal of the subdivider.(b) The description in (a), above, shall include:(1) The identity of the court;(3) The names of the parties;(4) A brief summary of the allegations; and(5) A statement of the status or the outcome of the case.(c) A subdivider may include a good faith statement of opinion as to the merits of such litigation.(d) Notice that any deposit made in regard to any sale of a subdivided lot, parcel, unit or interest therein shall be held in escrow until settlement or closing and the name and address of the escrow agent.(e) An acknowledgment page for the purchaser to sign acknowledging receipt of the notice required by Jus 1307.02.N.H. Admin. Code § Jus 1307.03
(See Revision Note at chapter heading for Jus 1300) #9782-A, eff 9-11-10
Amended by Volume XXXIX Number 46, Filed November 14, 2019, Proposed by # 12656, Effective 10/24/2019, Expires 10/24/2029.