Current through Register No. 50, December 12, 2024
Section Jus 1407.04 - Advertising(a) Except as provided in Jus 1404.06 or unless exempt under RSA 356-B:49, I, or unless the condominium has been registered or exempted from registration by the bureau, no condominium shall be advertised, regardless of the medium, prior to submission to the bureau of the notice required by Jus 1407.03 and RSA 356-B:49, II. (b) Unless exempt under RSA 356-B:49, I, no condominium shall be advertised, regardless of the medium, prior to registration or exemption from registration unless each such advertisement bears in a conspicuous manner substantially the following statement: "This condominium has not yet been registered by the New Hampshire Consumer Protection and Antitrust Bureau of the Attorney General's Office, Department of Justice. Until such time as registration has been issued, only non-binding reservation agreements may be accepted." (c) No advertisement, regardless of the medium, shall refer to any improvements or amenities that have not been completed, unless the advertisement discloses, in a conspicuous manner, the fact that the improvements or amenities are under construction, planned or proposed, as appropriate.(d) If the declarant has not promised in an application for exemption or registration, and included good faith estimates and financial assurances with regard to completion, that the improvement or amenity shall be completed, then the advertisement shall state that the improvement or amenity is proposed. N.H. Admin. Code § Jus 1407.04
(See Revision Note at chapter heading for Jus 1400) #9783-A, eff 9-11-10
Amended by Volume XXXIX Number 46, Filed November 14, 2019, Proposed by # 12910, Effective 10/24/2019, Expires 10/24/2029.