N.H. Admin. Code § Jus 1307.02

Current through Register No. 49, December 5, 2024

Section Jus 1307.02 - Contents of the Cover Page

(a) The public offering statement shall set forth on its outside front cover or first inside page a statement, substantially as follows, in capital letters printed in boldface, roman type at least as large as 10 point modern type:

"PUBLIC OFFERING STATEMENT

THIS SUBDIVISION IS REGISTERED WITH THE CONSUMER PROTECTION AND ANTITRUST BUREAU OF THE DEPARTMENT OF JUSTICE OF THE STATE OF NEW HAMPSHIRE PURSUANT TO THE PROVISIONS OF THE NEW HAMPSHIRE LAND SALES FULL DISCLOSURE ACT, RSA 356-A. THE ACT REQUIRES THAT A CURRENT PUBLIC OFFERING STATEMENT BE FURNISHED TO A PURCHASER PRIOR TO, OR AT THE TIME SUCH PURCHASER ENTERS INTO A PURCHASE AGREEMENT. THE PURPOSE OF THE STATEMENT IS TO DISCLOSE MATERIAL FACTS PERTAINING TO THIS SUBDIVISION. IT IS RECOMMENDED THAT THE PURCHASER READ THIS STATEMENT CAREFULLY, PHYSICALLY INSPECT THE PROPERTY, REVIEW ALL SALES AND OTHER DOCUMENTS IN DETAIL AND CONSULT AN ATTORNEY FOR ADVICE. NOTHING CONTAINED HEREIN SHOULD BE CONSTRUED AS SUGGESTING THAT THE CONSUMER PROTECTION AND ANTITRUST BUREAU OR ANY OTHER PUBLIC AGENCY RECOMMENDS THE SUBDIVISION OR HAS DETERMINED THAT THE DISPOSITION OF ANY LOT, PARCEL, UNIT, OR INTEREST IN THE SUBDIVISION IS LEGALLY SUFFICIENT TO PROTECT THE RIGHTS OF PURCHASERS.

RECEIPT OF THIS STATEMENT MUST BE ACKNOWLEDGED IN WRITING BY THE PURCHASER ON HIS PURCHASE AGREEMENT.

ANY COMPLAINT ALLEGING UNFAIR OR DECEPTIVE SALES PRACTICES OR A VIOLATION OF THE LAND SALES FULL DISCLOSURE ACT MAY BE DIRECTED TO THE CONSUMER PROTECTION AND ANTITRUST BUREAU, 33 CAPITOL STREET, CONCORD, NEW HAMPSHIRE 03301."

(b) Immediately following the statement quoted in Jus 1307.02(a), shall be the following language, pursuant to RSA 356-A:6, I(f) and 356-A:4, II,

IMPORTANT

NOTICE OF PURCHASER'S CANCELLATION RIGHTS

New Hampshire law provides that you have an express and unqualified right to cancel your Purchase and Sale Agreement within five (5) calendar days from the date the agreement was entered into or the delivery to you of the Public Offering Statement, whichever is later. If you elect to cancel, you may do so by written notice thereof hand-delivered or deposited in the United States mail, return receipt requested, within the five (5) day period, to the subdivider or to any agent of the subdivider, provided that, however, if you elect to mail the notice of cancellation, you must also provide the subdivider with telephonic notice of cancellation within the five-day period. Such cancellation shall be without penalty and any deposit made by you must be refunded in its entirety no later than ten (10) calendar days from the subdivider's receipt of your written notice of cancellation."

(c) The cover page or first inside page shall also include:

(1) The name of the subdivision;

(2) The effective date(s) of registration; and

(3) When applicable, the date of the most recent approval of the public offering statement by the bureau.

N.H. Admin. Code § Jus 1307.02

(See Revision Note at chapter heading for Jus 1300) #9782-A, eff 9-11-10

Amended by Volume XXXIX Number 46, Filed November 14, 2019, Proposed by # 12656, Effective 10/24/2019, Expires 10/24/2029.