[Federal Register Volume 76, Number 70 (Tuesday, April 12, 2011)]
[Notices]
[Page 20365]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2011-8601]


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DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT

[Docket No. FR-5484-N-08]


Notice of Proposed Information Collection: Comment Request; 
Interstate Land Sales Full Disclosure Requirements

AGENCY: Office of the Assistant Secretary for Housing, HUD.

ACTION: Notice.

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SUMMARY: The proposed information collection requirement described 
below will be 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.

DATES: Comments Due Date: June 13, 2011.

ADDRESSES: Interested persons are invited to submit comments regarding 
this proposal. Comments should refer to the proposal by name and/or OMB 
Control Number and should be sent to: Colette Pollard, Reports 
Management Office, Department of Housing and Urban Development, 451 7th 
Street, SW., Washington, DC 20410; e-mail Colette, [email protected] or 
telephone (202) 402-3400.

FOR FURTHER INFORMATION CONTACT: Bart Shapiro, Director, Office of 
RESPA and Interstate Land Sales, Housing and Urban Development, 451 7th 
Street, SW., Washington, DC 20410, telephone (202) 708-0502 (this is 
not a toll free number) for copies of the proposed forms and other 
available information.

SUPPLEMENTARY INFORMATION: The Department is submitting the proposed 
information collection to OMB for review, as required by the Paperwork 
Reduction Act of 1995 (44 U.S.C. Chapter 35, as amended).
    This Notice is soliciting comments from members of the public and 
affected agencies concerning the proposed collection of information to: 
(1) Evaluate whether the proposed collection 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 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 Control Number, if applicable: 2502-0243.
    Description of the need for the information and proposed use: Non-
exempt Developers are required by the Interstate Land Sales Full 
Disclosure Act to register with HUD and provide purchasers with a 
property report. The information is used to determine the accuracy of 
the disclosures in the property report. Developers are required to 
submit an annual report and annual financial statements. HUD 
investigates developers who do not comply with the regulations.
    Agency form numbers, if applicable: n/a.
    Estimation of the total numbers of hours needed to prepare the 
information collection including number of respondents, frequency of 
response, and hours of response: The number of burden hours is 15,291. 
The number of respondents is 1,924, the number of responses is 15,291, 
the frequency of response is on occasion, and the burden hour per 
response is 2.
    Status of the proposed information collection: This is a previously 
approved collection.

    Authority:  The Paperwork Reduction Act of 1995, 44 U.S.C., 
Chapter 35, as amended.

    Dated: April 5, 2011.
Ronald Y. Spraker,
Associate General Deputy Assistant Secretary for Housing.
[FR Doc. 2011-8601 Filed 4-11-11; 8:45 am]
BILLING CODE 4210-67-P