N.H. Code Admin. R. Jus 1306.10
Purchase and Sale Agreement
Effective Oct 24, 2019(See Revision Note at chapter heading for Jus 1300) #9782-A, eff 9-11-10, EXPIRED: 9-11-18 New. #12656, INTERIM, eff 11-1-18, EXPIRED: 4-30-19 New. #12909, eff 10-24-19Attorney General, Department of Justice
(a) Subdividers shall use a contract for purchase or lease which includes:
- (1) Express notice of the purchaser’s 5-day right to cancel, as prescribed by RSA 356-A:4, II;
- (2) The name and address of the escrow agent designated to carry out the provisions of RSA 356-A:9-a; and
- (3) A space for acknowledgment of receipt of the public offering statement provided, however, that the space for the acknowledgment need not be used with respect to offering any subdivision for which a public offering statement is not required.
- (b) The escrow agent identified in the purchase and sale agreement shall be a person or entity unrelated to the subdivider or any principal thereof and shall hold all escrowed funds within the state of New Hampshire.
Source. (See Revision Note at chapter heading for Jus 1300) #9782-A, eff 9-11-10, EXPIRED: 9-11-18 New. #12656, INTERIM, eff 11-1-18, EXPIRED: 4-30-19 New. #12909, eff 10-24-19