2795.1. Receipt for Final or Preliminary Public Report.
(a) A receipt on the form specified herein shall be taken by or on behalf of the subdivider from each person executing
a reservation agreement under authority of a preliminary public report and each person who has made a written offer to
purchase or lease a subdivision interest under authority of a final subdivision public report.
(b) The subdivider or his agent shall retain each receipt for a public report for a period of three years from the date of
the receipt and shall make the receipts available for inspection by the Commissioner or his designated representative
during regular business hours.
(c) The form approved by the Commissioner for the acknowledgment of receipt of a final or preliminary public report
as follows:
RECEIPT FOR PUBLIC REPORT
The Law and Regulations of the Real Estate Commissioner require that you as a prospective purchaser or lessee be
afforded an opportunity to read the public report for this subdivision before you make any written offer to purchase or
lease a subdivision interest or before any money or other consideration toward purchase or lease of a subdivision interest
is accepted from you.
In the case of a preliminary or interim subdivision public report, you must be afforded an opportunity to read the report
before a written reservation or any deposit in connection therewith is accepted from you.
In the case of a conditional subdivision public report, delivery of legal title or any other interest contracted for will not
take place until issuance of a final public report. Provision has been made in the sales agreement and escrow instructions
for the return to you of the entire sum of money paid or advanced by you if you are dissatisfied with the final public
report because of a material change. (See California Business and Professions Code Section 11012.)
DO NOT SIGN THIS RECEIPT UNTIL YOU HAVE RECEIVED A COPY OF THE REPORT AND HAVE READ
IT.
I have read the commissioner’s public report on
___________________________ _____________________________
(File No.) (Tract No. or Name)
I understand the report is not a recommendation or endorsement of the subdivision, but is for information only.
The date of the public report which I received and read is:
___________________________ _____________________________
(Date Issued) (Date Amended)
Name _________________________________
Address _______________________________
(Date) _________________________________
Subdivider is Required to Retain this Receipt for Three Years.