[Federal Register Volume 73, Number 136 (Tuesday, July 15, 2008)]
[Notices]
[Pages 40594-40595]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: E8-16017]


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DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT

[Docket No. FR-5187-N-40]


Interstate Land Sales Full Disclosure Requirements

AGENCY: Office of the Chief Information Officer, HUD.

ACTION: Notice.

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SUMMARY: The proposed information collection requirement described 
below has been submitted to the Office of Management and Budget (OMB) 
for review, as required by the Paperwork Reduction Act. The Department 
is soliciting public comments on the subject proposal.
    The Interstate Land Sales Full Disclosure Act, 15 U.S.C. 1701, et 
seq., requires developers to register subdivisions or condominiums of 
100 more non-exempt lots or units with HUD. The developer must give 
each purchaser a property report that meets HUD's requirements before 
the purchaser signs the sales contract or agreement for sales or lease.

DATES: Comments Due Date: August 14, 2008.

ADDRESSES: Interested persons are invited to submit comments regarding 
this proposal. Comments should refer to the proposal by name and/or OMB 
approval Number (2502-0243) and should be sent to: HUD Desk Officer, 
Office of Management and Budget, New Executive Office Building, 
Washington, DC 20503; fax: 202-395-6974.

FOR FURTHER INFORMATION CONTACT: Lillian Deitzer, Reports Management 
Officer, QDAM, Department of Housing and Urban Development, 451 Seventh 
Street, SW., Washington, DC 20410; e-mail Lillian Deitzer at [email protected] or telephone (202) 402-8048. This is not a toll-free 
number. Copies of available documents submitted to OMB may be obtained 
from Ms. Deitzer.

SUPPLEMENTARY INFORMATION: This notice informs the public that the 
Department of Housing and Urban Development has submitted to OMB a 
request for approval of the Information collection described below. 
This notice is soliciting comments from members of the public and 
affecting agencies concerning the proposed collection of information 
to: (1) Evaluate whether the proposed collection of information is 
necessary for the proper performance of the functions of the agency, 
including whether the information will have practical utility; (2) 
Evaluate the accuracy of the agency's estimate of the burden of the 
proposed collection of information; (3) Enhance the quality, utility, 
and clarity of the information to be collected; and (4) Minimize the 
burden of the collection of information on those who are to respond, 
including through the use of appropriate automated collection 
techniques or other forms of information technology, e.g., permitting 
electronic submission of responses.
    This notice also lists the following information:
    Title of Proposal: Interstate Land Sales Full Disclosure 
Requirements.
    OMB Approval Number: 2502-0243.
    Form Numbers: HUD-762.
    Description of the Need for the Information and its Proposed Use: 
The Interstate Land Sales Full Disclosure Act, 15 U.S.C. 1701, et seq., 
requires developers to register subdivisions or condominiums of 100 or 
more non-exempt lots or units with HUD. The developer must give each 
purchaser a property report that meets HUD's requirements before the 
purchaser signs the sales contract or agreement for sales or lease.
    Frequency of Submission: On occasion, Annually.

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                                       Number of          Annual              Hours per
                                      respondents       responses      x       response      =     Burden hours
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Reporting burden..................           1,011              112   ...           0.303   ...          34,653
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[[Page 40595]]

    Total Estimated Burden Hours: 34,653.
    Status: Extension of a currently approved collection.

    Authority: Section 3507 of the Paperwork Reduction Act of 1995, 
44 U.S.C. 35, as amended.

    Dated: July 8, 2008.
Lillian L. Deitzer,
Departmental Paperwork Reduction Act Officer, Office of the Chief 
Information Officer.
[FR Doc. E8-16017 Filed 7-14-08; 8:45 am]
BILLING CODE 4210-67-P