(1) The Real Estate Commissioner may require the subdivider or series partitioner to furnish such additional information in a “Request for Further Information” as the commissioner determines to be necessary in the administration and enforcement of ORS 92.305 to 92.495 including but not limited to:
(a) A statement of the terms and conditions on which it is intended to transfer or dispose of the land or interest therein, together with copies of any contract, conveyance, lease, assignment or other instrument intended to be used;
(b) Copies of all sales pamphlets and literature to be used in connection with the proposed subdivision or series partition; and
(c) Any other information that the subdivider or series partitioner may desire to present.
(2) The subdivider’s or series partitioner’s reply to the first request for further information required by the commissioner under subsection (1) of this section shall be accompanied by proof of the financial ability of the subdivider or series partitioner to complete improvements and facilities which are:
(a) Required by the appropriate state, city and county authorities; and
(b) Promised to prospective purchasers. [1974 c.1 §5; 1983 c.570 §12]Section: Previous 92.330 92.335 92.337 92.339 92.340 92.345 92.350 92.355 92.360 92.365 92.370 92.375 92.380 92.385 92.390 Next
Last modified: August 7, 2008