Code of Federal Regulations (Last Updated: July 5, 2024) |
Title 24 - Housing and Urban Development |
Subtitle B - Regulations Relating to Housing and Urban Development |
Chapter X - Office of Assistant Secretary for Housing - Federal Housing Commissioner, Department of Housing and Urban Development (Interstate Land Sales Registration Program) |
Part 1710 - LAND REGISTRATION |
Subpart C - Certification of Substantially Equivalent State Law |
§ 1710.507 - Effect of suspension or withdrawal of certification granted under 1710.501(a): Full disclosure requirement.
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(a) If a state certified under §1710.501(a) suspends its own certification or has its certification withdrawn under §1710.505, the Federal disclosure materials accepted and made effective by the Secretary, pursuant to §1710.506, prior to the suspension or withdrawal shall remain in effect unless otherwise suspended by the Secretary.
(b) In the event that there is a change in a material fact with regard to a subdivision that remains registered under the provisions of paragraph (a), the developer shall file a new registration with the Secretary meeting the requirements of the then applicable Federal registration regulations. Modifications of the Federal format may be used as specified by the Secretary.