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Generally, the Public Report will disclose such information as: applicant's name, location and size of the subdivision, information on utilities, schools, taxes, management, maintenance and operational expenses, unusual easements, rights of way, set back requirements on vacant land offerings, restrictions or conditions ...
DRE public reports must be filed for proposed properties that contain five or more units/lots. Public reports are not required for subdivisions that are developed and operated by public agencies.
The Subdivided Lands Act is a consumer protection statute primarily intended to ensure disclosure of pertinent information to purchasers or lessees of subdivided lots. The Subdivided Lands Act regulates public offerings of subdivided land for sale or lease and is administered by the state Real Estate Commissioner.
For the most part, the Subdivision Map Act requires tentative and final maps for subdivisions which create five or more parcels, five or more condominiums, a community apartment project containing five or more interests, or the conversion of a dwelling into a stock cooperative of five or more dwelling units.
It is important for consumers to know that a subdivider is required to provide a copy of the public report to a prospective buyer before the buyer becomes obligated to purchase a lot or unit within the subdivision and also to any prospective purchaser who requests it.
DRE public reports must be filed for proposed properties that contain five or more units/lots. Public reports are not required for subdivisions that are developed and operated by public agencies.
Generally, the Public Report will disclose such information as: applicant's name, location and size of the subdivision, information on utilities, schools, taxes, management, maintenance and operational expenses, unusual easements, rights of way, set back requirements on vacant land offerings, restrictions or conditions ...
Public reports contain information of vital importance to prospective buyers including covenant, conditions and restrictions which govern the use of property, costs and assessments for maintaining homeowners' associations and common areas, and other material disclosures.