Archive for August, 2009

Vacant Lot Sales (Considered “Unimproved” Lots by AzDRE) Require Rescission Periods

Thursday, August 13th, 2009

In the current real estate market, many subdivided lots are being acquired by lenders and other parties planning to "flip" the lots to other prospective purchasers, presumably for some semblance of a profit. In addition to the requirement of providing a valid Subdivision Disclosure Report (Public Report) to a purchaser ...