24 CFR 1710.508 - Effect of suspension of certification granted under § 1710.501(b): Sufficient protection requirement.

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Title 24: Housing and Urban Development

Subtitle B: Regulations Relating to Housing and Urban Development (Continued)

CHAPTER X: OFFICE OF ASSISTANT SECRETARY FOR HOUSING-FEDERAL HOUSING COMMISSIONER, DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT (INTERSTATE LAND SALES REGISTRATION PROGRAM)

PART 1710: LAND REGISTRATION

Subpart C: Certification of Substantially Equivalent State Law

1710.508 - Effect of suspension of certification granted under ? 1710.501(b): Sufficient protection requirement.(a) If a state certified under ? 1710.501(b) suspends its own certification or has its certification withdrawn under ? 1710.505, the effectiveness of the Federal disclosure materials accepted and made effective by the Secretary, pursuant to ? 1710.506, prior to the suspension or withdrawal shall terminate ninety (90) days after the notice of withdrawal order is published in the Federal Register as provided in ? 1710.505(c).

(b) At the end of the ninety day period, or during the ninety day period in the event that there is a change in material fact with regard to a subdivision that remains registered under the provisions of paragraph (a), the developer shall file a new registration with the Secretary meeting the requirements of the then applicable Federal registration regulations. Modifications of the Federal format may be used as specified by the Secretary.



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