12 CFR 1010.107
§ 1010.107 Risks of buying land.
United States · 12 CFR — Banks and Banking · Status: effective
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- Citation
- 12 CFR 1010.107, § 1010.107 Risks of buying land, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/49360
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Full text
(a) The next page shall be headed “Risks of Buying Land” and shall contain the paragraphs listed in section XII of the appendix to this part: Required Paragraphs for Risks of Buying Land.
(b) Warnings. If the instructions of the Director require any warnings to be included in the Property Report portion, the following statement shall be added beneath the “Risks of Buying Land” under a heading “Warnings”: “Throughout this Property Report there are specific warnings concerning the developer, the subdivision or individual lots. Be sure to read all warnings carefully before signing any contract or agreement.” Both the heading, “Warnings,” and the statement shall be printed in capital letters and enclosed in a box.
Legislative history
This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.