The subdivider give the prospective purchaser to review the public offering statement for 7 days.
The subdivider shall obtain a receipt which is signed by the person and then acknowledge receipt of a copy of the public offering statement to him prior to the execution of any contract or agreement to purchase any lot or unit or any parcel or interest in subdivided lands.
A public offering statement is the statement that shall disclose fully and accurately all the subdivided lands being offered and shall make known to prospective purchasers all the unusual as well as material circumstances or features which are affecting the subdivided lands.
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