If there are material changes from an original Public Report, what may the Commissioner require from the subdivider?

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When there are material changes from an original Public Report, the Commissioner has the authority to require an amended Public Report from the subdivider. This requirement is crucial for maintaining accurate and transparent information for potential buyers regarding the properties in the subdivision. The purpose of an amended Public Report is to ensure that all material changes—such as alterations in the layout, amenities, or availability of services—are disclosed to prospective purchasers. This aligns with the overarching goal of protecting consumer interests by providing them with up-to-date and comprehensive information so they can make informed decisions.

In this context, the other options do not fulfill the same role. For instance, a subsequent owner exemption does not address the need for updated disclosures in light of changes. The original subdivision disclosure report does not reflect any new conditions or modifications, and therefore, wouldn't be accurate for current or potential buyers. An affidavit of disclosure is a different document addressing specific disclosures but does not substitute the necessity for an updated Public Report when material changes occur. Thus, the requirement for an amended Public Report captures the essence of transparency and consumer protection in real estate transactions.

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