1710.17—Advisory opinion.
(a) General.
A developer may request an opinion from the Secretary as to whether an offering qualifies for an exemption or is subject to the jurisdiction of the Act.
(2)
A comprehensive description of the conditions and operations of the offering. There is no prescribed format for submitting this information, but the developer should at least cite the applicable statutory or regulatory basis for the exemption or lack of jurisdiction and thoroughly explain how the offering either satisfies the requirements for exemption or falls outside the purview of the Act.
Developer's Affirmation
Name of Subdivision
Location (Including County and State)
Name of Developer
Address of Developer
Name of Agent
Address of Agent
Number of Lots in Subdivision
Number of Acres in Subdivision
I affirm that I am the developer or owner of the property described above or will be the developer or owner at the time the lots are offered for sale to the public, or that I am the agent authorized by the developer or owner to complete this statement.
I further affirm that the statements contained in all documents submitted with the request for an Advisory Opinion are true and complete.
(Date)
(Signature)
(Title)
Warning:Section 1418 of the Housing and Urban Development Act of 1968 (83 Stat. 598, 15 U.S.C. 1717 as amended) provides: “Any person who willfully violates any of the provisions of this title or the rules and regulations prescribed pursuant thereto * * *, shall upon conviction be fined not more than $10,000.00 or imprisoned not more than five years, or both.”
[45 FR 40479, June 13, 1980, as amended at 49 FR 31370, 31373, Aug. 6, 1984]