Current through November 30, 2024
Section 1010.8 - Scattered site subdivisions(a) The sale of lots in a subdivision consisting of noncontiguous parts is exempt from the registration requirements of the Act if:(1) Each noncontiguous part of the subdivision contains twenty or fewer lots; and(2) Each purchaser or purchaser's spouse makes a personal, on-the-lot inspection of the lot purchased prior to signing a contract.(b) For purposes of this exemption, interruptions such as roads, parks, small bodies of water or recreational facilities do not serve to break the contiguity of parts of a subdivision.(c) The sale must also comply with the anti-fraud provisions of § 1010.4(b) and (c) of this part.