What must the developer provide to a buyer before selling a lot in a subdivision according to the Subdivided Lands Law?

The requirement for a developer to provide a final public report to a buyer before selling a lot in a subdivision is fundamental under the Subdivided Lands Law. This report typically includes critical information about the subdivision, such as its legal status, the availability of utilities, and any restrictions or encumbrances on the property. The purpose of the final public report is to ensure that potential buyers are fully informed about what they are purchasing, allowing them to make educated decisions in the real estate market.

This requirement protects consumers by ensuring transparency and preventing misleading practices in real estate transactions involving subdivisions. The final public report also serves as a comprehensive disclosure of the developer's obligations and the potential risks associated with the property, which are key factors for buyers to consider. This regulatory framework promotes accountability within the real estate industry and helps maintain integrity in property sales.