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Code of Federal Regulations (Last Updated: July 5, 2024) |
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Title 24 - Housing and Urban Development |
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Subtitle B - Regulations Relating to Housing and Urban Development |
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Chapter X - Office of Assistant Secretary for Housing - Federal Housing Commissioner, Department of Housing and Urban Development (Interstate Land Sales Registration Program) |
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Part 1710 - LAND REGISTRATION |
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Subpart C - Certification of Substantially Equivalent State Law |
§ 1710.508 - Effect of suspension of certification granted under 1710.501(b): Sufficient protection requirement.
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(a) If a state certified under §1710.501(b) suspends its own certification or has its certification withdrawn under §1710.505, the effectiveness of the Federal disclosure materials accepted and made effective by the Secretary, pursuant to §1710.506, prior to the suspension or withdrawal shall terminate ninety (90) days after the notice of withdrawal order is published in the Federal Register as provided in §1710.505(c).
(b) At the end of the ninety day period, or during the ninety day period in the event that there is a change in 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.