Section Jus 1404.15 - Revocation(a) If, subsequent to the issuance of an exemption from registration, or other exemption, the bureau has reasonable grounds to believe that exemption in the particular case is not in the public interest, the bureau shall, upon notice and opportunity for hearing as provided by Jus 1408, revoke the exemption.(b) Grounds for revocation shall include: (1) Material omissions or misrepresentations in documents submitted to the bureau;(2) The conviction of the declarant or its agents for a crime involving fraud, deception, false pretenses, misrepresentation, false advertising or dishonest dealing in real estate transactions;(3) Insolvency of the declarant or a party providing financing;(4) Receipt by the bureau of adverse information about the condominium that should have been disclosed to purchasers; and (5) Any other acts or omissions by the declarant or its agents contrary to the public interest as embodied in these rules, RSA 356-B, or other statutes.N.H. Admin. Code § Jus 1404.15
(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.