Section Jus 1404.13 - Exemption Certificate(a) Exemption from the registration requirements of RSA 356-B shall be evidenced by a certificate issued by the bureau to the declarant. (b) The exemption shall authorize the offer or disposition of only those units, or interests in units, identified in the certificate.(c) The exemption shall be effective as of the date the certificate of exemption is issued by the bureau, and offers and dispositions may commence as of that date.(d) The declarant of a condominium located in New Hampshire shall cause any certificate of exemption issued by the bureau with respect to such condominium to be recorded in the registries of deeds for all counties in which the condominium is located. Such recordation shall occur within 10 days of receipt of a certificate of exemption by the declarant.(e) The declarant shall, as soon as is practicable, obtain recordation data, consisting of: (1) The date of recordation; and (2) The book and page numbers or their equivalent. (f) The declarant shall provide the bureau, in writing, with a copy of the recorded certificate within 10 days of receipt thereof by the declarant.(g) Except if otherwise provided by the terms of the certificate, an exemption shall remain in full force and effect until such time as it has been revoked as provided by Jus 1404.15..N.H. Admin. Code § Jus 1404.13
(See Revision Note at chapter heading for Jus 1400) #9783-A, eff 9-11-10
Amended by Volume XXXIX Number 46, Filed November 14, 2019, Proposed by # 12910, Effective 10/24/2019, Expires 10/24/2029.