10 CCR § 2795. Preliminary Public Report.

Preliminary Public Report.

(a) If a subdivider makes application and pays the appropriate fee, a preliminary subdivision public report may be issued by the Bureau in advance of satisfaction of all requirements for issuance of a final public report when in the judgment of the Commissioner it is reasonable to expect that all of the requirements for the issuance of a final public report will be satisfied in due course.

(b) A subdivider and persons acting on his behalf may solicit and accept reservations to purchase or lease subdivision interests under authority of a preliminary public report if there is compliance with each of the following:

(1) The person making the reservation (potential buyer) has been given a copy of the preliminary public report and has executed a receipt for a copy before any money or other thing of value has been accepted by or on behalf of the subdivider in connection with the reservation.

(2) A copy of the reservation instrument signed by the potential buyer and by or on behalf of the subdivider, along with any deposit taken from the potential buyer, is placed into a neutral escrow depository acceptable to the Commissioner.

(3) The reservation instrument used is a form previously approved by the Bureau with at least the following provisions:

(A) The right of either subdivider or potential buyer to unilaterally cancel the reservation at any time.

(B) The payment to the potential buyer of his total deposit on cancellation of the reservation by either party.

(C) The placing of the deposit into an interest bearing account for the benefit of the prospective buyer at the prospective buyer's request and upon the prospective buyer's agreement to pay any charges of the escrow depository for this service.

(c) The initial term of a preliminary public report shall not exceed one year from the date of issuance. The authority to use a preliminary public report shall automatically terminate with respect to those subdivision interests covered by a final public report which is issued before the scheduled termination date of the preliminary report.

Official source: § 2795. Preliminary Public Report..

Source snapshot retrieved: 2026-09-23T18:11:56.501Z.

3. Amendment of subsection (b)(3) filed 12-3-80; effective thirtieth day thereafter (Register 80, No. 49).

4. Change without regulatory effect amending subsections (a) and (b)(3) filed 6-30-2014 pursuant to section 100, title 1, California Code of Regulations (Register 2014, No. 27).

Applicability basis for 10 CCR § 2795 (Preliminary Public Report.): 1 CCR § 100 provides that an agency may add to, revise or delete text published in the California Code of Regulations without complying with the rulemaking procedure specified in article 5 of the APA only if the change does not materially alter any requirement, right, responsibility, condition, prescription or other regulatory element of any California Code of Regulations provision.

Version dates (indexing metadata): Effective 1981-01-02.

Date derivation (indexing metadata): This is the current publisher text. The filing history states: "3. Amendment of subsection (b)(3) filed 12-3-80; effective thirtieth day thereafter (Register 80, No. 49)." The later entry is: "4. Change without regulatory effect amending subsections (a) and (b)(3) filed 6-30-2014 pursuant to section 100, title 1, California Code of Regulations (Register 2014, No. 27).". Under 1 CCR § 100, a change without regulatory effect cannot materially alter a regulatory element. The indexing start is therefore the last substantive operative date, 1981-01-02. The filing date was 1980-12-03; the stated thirtieth day thereafter is 1981-01-02. No earlier version is represented.