- 1. A description of how sales or leases will be made and the manner by which title, right, or other interest is to be conveyed to the purchaser, including copies of sales and lease transaction documents;
- 2. Indicate where the purchaser’s deposit and earnest monies will be deposited and held;
- 3. If the deposit monies are available for use by the seller, when and under what conditions the monies will be refunded;
- 4. Indicate when the lot purchaser will be permitted to use and occupy the lot;
- 5. An explanation if the purchaser will not receive title free and clear of all liens;
6. Indicate whether any of the property will be leased, and if so:
- a. Provide a description of any provision for increase of rental payments during the term of the lease and any provisions in the lease prohibiting assignment or subletting, or both;
- b. Indicate whether the lease prohibits the lessee from mortgaging or otherwise encumbering the leasehold; and
- c. Indicate whether the lessee is permitted to remove an improvement when the lease expires.
- 7. The name, license number, address, telephone number, and email address of the Arizona broker who will be responsible for sales. If none, explain why;
- 8. The name, email address, and telephone number of the custodian of the records for the development and the physical or electronic location where the records will be kept;
- 9. Indicate whether the property has been or will be offered for sale before the date of the development application and explain if either are true, and;
- 10. Indicate whether the sales documents contain all contract disclosures required by rule and statute.
The applicant shall provide a description of the sales offering and:
Historical Note
Section R4-28-A1215 adopted by final rulemaking at 5 A.A.R. 650, effective February 3, 1999 (Supp. 99-1). Amended by final rulemaking at 11 A.A.R. 506, effective March 5, 2005 (Supp. 05-1). Amended by final rulemaking at 31 A.A.R. 4267 (November 7, 2025), effective December 13, 2025 (Supp. 25-4).