Living in the desert, and in a generally dry state, we’re all interested in a continuous, abundant supply of water for life and leisure. The Commissioner of the Department of Real Estate is charged with helping to assure that is the case.
The Sub-Ex exemption from Public Report filing applies only for a Public Report by a previous Subdivider that was dated within the past FIVE years.
Rules of the Commissioner of the Arizona Department of Real Estate require that assurances be provided for completion of all public and private common-area subdivision facilities (as defined by the DRE) prior to issuance of a Public Report and prior to acceptance of any binding contract for sale [See the rule here]