Arizona subdivision public report

Public Report Requirements Checklist

The following is a checklist the steps and documents required for the Arizona Dept. of Real Estate “Subdivision Disclosure Report (Public Report)”, including, if you choose to pursue it, the initial Exemption allowing “conditional”

Subdivision

Arizona Administrative Code R4-28-A1211

Proper Assurances for Completion and Maintenance of Improvements The DRE requires and accepts various methods of assurance of completion of proposed common-area and subdivision infrastructure improvements for the purpose of issuing Subdivision

Financial Assurances

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

“Sub-Ex” or Subsequent Owner Exemptions

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. As a “Subsequent Owner” of lots located

Assured Water Supply and CAGRD

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

“Permanent” access disclosures to the DRE

The following are examples of language typically found in statements in separate disclosure letters and title reports required from title companies to support applications for Public Report: 1. “Permanent access

DRE Drops Public Report Application Fees

Effective July 7, 2008, the filing fees for Subdivision Public Reports (both Expedited and Regular) has been reduced to $450.00.

New, Simplified Filing Forms (“Expedited Registration Procedure”) Introduced

The Arizona Department of Real Estate has introduced new application forms for all Public Report filings, available and effective immediately. The Public Report has also been renamed “Subdivision Disclosure Report”.

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

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