Law Book - Arizona Department of Real Estate

R4-28-A1208
TITLE 4. PROFESSIONS AND OCCUPATIONS
7. Recorded documentation that establishes legal and permanent access for development lot owners
through federal or state lands.
Historical Note
Section R4-28-A1207 adopted by final rulemaking at 5 A.A.R. 650, effective February 3, 1999 (Supp. 99-1).
R4-28-A1208. Flood Protection and Drainage Improvements
The applicant shall include with the application the following information about flood protection and drainage
improvement:
1. A description of any current or proposed improvement;
2. The name of the person responsible for completion of the improvement;
3. The estimated completion date of the improvement;
4. The cost, if any, the lot purchaser will pay for completion of the improvement;
5. The name of the person responsible for the continuing maintenance and expense of the improvement;
6. If a city or county is responsible for maintenance, the approximate date when the improvement will be
accepted for maintenance; and
7. The cost, if any, the lot purchaser will pay toward completion and maintenance of the improvement.
Historical Note
Section R4-28-A1208 adopted by final rulemaking at 5 A.A.R. 650, effective February 3, 1999 (Supp. 99-1).
R4-28-A1209. Common, Community, or Recreational Improvements
The applicant shall provide with the application a list of all common, community, or recreational improvements,
located within the development, and include the following information:
1. The name of the person responsible for completion of each improvement;
2. The estimated completion date of each improvement;
3. The estimated cost a lot purchaser will be required to pay for the completion of each improvement;
4. The name of the person responsible for the continuing maintenance and expense of each improvement;
and
5. The cost, if any, the lot purchaser will be responsible for paying toward the maintenance of each
improvement.
Historical Note
Section R4-28-A1209 adopted by final rulemaking at 5 A.A.R. 650, effective February 3, 1999 (Supp. 99-1).
R4-28-A1210. Master Planned Community
The applicant shall include the following information about a master planned community:
1. A list of all improvements located outside the development, but included in the development offering,
including all common, community and recreational improvements;
2. The name of the person responsible for completing each improvement;
3. The estimated completion date of each improvement;
4. The name of the person responsible for the continuing maintenance and expense of each improvement;
and
5. The cost, if any, the lot purchaser will pay toward the completion and maintenance of each
improvement.
Historical Note
Section R4-28-A1210 adopted by final rulemaking at 5 A.A.R. 650, effective February 3, 1999 (Supp. 99-1).
R4-28-A1211. Assurances for Completion and Maintenance of Improvements
A. The applicant shall identify:
1. Whether arrangements have been made to assure the completion, delivery, and continued maintenance
of the improvements listed in subsections R4-28-A1204 through R4-28-A1210; and
2. Whether the assurances to complete and deliver the improvements have been approved by the county
or city, where applicable, and if so, submit a copy of the county or city approval;
B. An applicant shall provide one or more of the following assurances for completion:
1. A surety or completion bond from an insurance company licensed in Arizona with a rating of good or
higher from a rating agency and a copy of the rating. The bond shall specify which improvements are
included and shall:
a. Be stipulated by and payable to a third party who is not the developer;
b. Be accepted and signed by all parties;
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