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Docket ID: [Docket No. FR-5191-N-10]
SUBJECT CATEGORY: Notice of Proposed Information Collection: Comment Request; Interstate Land Sales Full Disclosure Requirements
DOCUMENT 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.
SUMMARY: Agency Information Collection Activities; Proposals, Submissions, and Approvals,
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: 25020243.
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 34,653. The number of respondents is 1011, the number of responses is 113,997, the frequency of response is on occasion, and the burden hour per response is 117.
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 22, 2008.
Frank L. Davis,
General Deputy Assistant Secretary for HousingDeputy Federal Housing Commissioner.
[FR Doc. E89390 Filed 42908; 8:45 am]
BILLING CODE 421067P
FOR FURTHER INFORMATION CONTACT Ivy Jackson., Director, Office of RESPA and Interstate Land Sales, Housing and Urban Development, 451 7th Street SW., Washington, DC 20410, telephone (202) 7080502 (this is not a toll free number) for copies of the proposed forms and other available information.
14 CFR Part 39 40 CFR Part 52 14 CFR Part 71 33 CFR Part 165 50 CFR Part 679 47 CFR Part 73 26 CFR Part 1 40 CFR Part 180 33 CFR Part 117 50 CFR Part 17 44 CFR Part 67 50 CFR Part 648 14 CFR Part 97 33 CFR Part 100 40 CFR Part 63 50 CFR Part 622 44 CFR Part 65 50 CFR Part 660 26 CFR Part 301 39 CFR Part 111 40 CFR Part 300 6 CFR Part 5 40 CFR Part 271 47 CFR Part 64 40 CFR Parts 52 and 81 50 CFR Part 665 44 CFR Part 64 10 CFR Part 50 49 CFR Part 571 47 CFR Part 76