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What is the obligation of a subdivider or their agent after receiving a Commissioner's Public Report?

User Sethammons
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Final answer:

A subdivider or their agent must provide a copy of the Commissioner's Public Report to an interested buyer before title transfer or contract execution, and cannot advertise the property without this step.

Step-by-step explanation:

Once a subdivider or their agent receives a Commissioner's Public Report, they are obligated to deliver a copy of the report to an interested buyer before transferring title of the subdivided property or executing a binding contract.

The subdivider must also ensure that they do not advertise or represent that the property is available for sale or lease before obtaining and delivering the report. It is crucial for all parties involved to understand that the report summarizes critical information related to the subdivision, including, but not limited to, the conditions of construction, availability of utilities, access, and common facilities, if any.

The Commissioner's Public Report serves to protect consumers by informing them about the property they are interested in purchasing.

User Grish
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