The content pasted into a reply above is all it says - you have ask, you have to comply.

http://tinyurl.com/6luoe8 Here's the pertinent portion... 90% or more of the total units in the project have been sold and closed to the unit purchasers AND Project is 100% complete AND HOA control turned over to unit owners AND If subject property is owner-occupied or second home no maximum investor concentration AND No single entity can own more than 10% of all units AND No more than 20% of the project can be commercial space AND The project budget must be adequate AND The project must have all applicable insurance coverage AND Sellers must represent and warrant that the project complies with legal requirements and compliance with state and local laws.

Jay has good advice, IF it complies with your state law!

The approval letter will have a closing on/before date that you must comply with...it is usually around 30 days.Good luck!

Most CC are complying to federal guidelines which requires all of the outstanding interest for that period plus at least 1% of the outstanding balance.

I always end up with some form of, "Show me the law compelling my disclosure to you and I will comply.

I confirmed this with the lawyer and now I recieve a letter of Order to show cause because she (owner) failed to comply with the bankruptcy code/rules and didnt comply with the orders of the court.

Real estate activity; unlicensed personA.(1) In addition to any other civil remedy or civil penalty provided for in this Chapter, the commission may issue a subpoena to any person or persons who the commission has probable cause to believe has engaged in real estate activity without a currently valid license.(2) Subpoenas issued by the commission shall comply with the notice requirements of R.S. 49:955.

These forms have been created to comply with the laws of your state.

Also, get yourself a landlord friendly lease that complies with your local laws, and that includes specifics for college students.