Archive for the ‘General’ Category

Assured Water Supply and CAGRD

Thursday, February 21st, 2008

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.

“Sub-Ex” or Subsequent Owner Exemptions

Friday, January 25th, 2008

New!! (updated 2-8-08) The Commissioner has issued an advisory relaxing the rules a little bit on "Subsequent Owner" exemptions. The sub-ex has been applicable only for a Public Report of a previous Subdivider that was dated within the past two years. Now, by petitioning the Commissioner, a Public Report dated earlier ...

Financial Assurances

Tuesday, November 27th, 2007

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 ...

When do I need a Public Report to sell lots or condominium units?

Tuesday, November 27th, 2007

By law, A.R.S. 32-2101(54), you are a "Subdivider" if you own or have owned 6 or more lots in a single platted subdivision and offer any number of them for sale, regardless if you are an individual or a "builder" entity. All Subdividers are required to obtain a Public ...

DRE turn-around time

Wednesday, October 24th, 2007

The DRE Subdivisions/Development division has recently lost two examiners who were reviewing Public Report filings. In spite of that, recently-filed applications for Public Reports have been approved and the Public Reports issued within a few days of filing. There's no assurance this will continue to be the case, but we'll enjoy ...