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SECTION 337-A
Provisions governing sale or lease of subdivided lands
Real Property (RPP) CHAPTER 50, ARTICLE 9-A
§ 337-a. Provisions governing sale or lease of subdivided lands. No
subdivider shall sell, lease, or offer for sale or lease to the public
within this state, as principal, broker or agent or otherwise,
subdivided vacant lands or any part thereof, unless and until such
subdivider shall have caused to be filed in the department of state (a)
an offering statement containing the information and data required by
section three hundred thirty-seven-b of this article, (b) such data and
information as the department may require as provided in section three
hundred thirty-nine-b of this article and (c) a statement subscribed by
the subdivider and affirmed by him as true under the penalties of
perjury, containing:

1. The name of such owner and subdivider,

2. The address of the principal office of such owner and subdivider,
wherever situated, and the address or addresses of the principal office
and all branch offices of the owner and subdivider within this state, if
any,

3. The name of the person, partnership, company, corporation or
association who or which acquired a legal or equitable title to the land
or lands for sale or lease and who or which will subdivide vacant land
or lands offered for sale or lease for the purpose of offering such
subdivided vacant lands or any part thereof to the general public,

4. If such owner and subdivider be an individual or individuals, a
statement of their respective connections during the preceding five
years with any person, partnership, corporation, company or association
engaged in the business of selling or leasing subdivided vacant lands,
and the description of the last project or projects in subdivided vacant
lands, the whole or any part of which have been sold or offered for sale
or lease by such owner and subdivider,

5. If such owner and subdivider be a partnership, the names, residence
and business addresses of the partners, including special or limited
partners, and of all other individuals participating as principals in
the profits of such business, specifying as to each the nature of his
relation to such business and giving with respect to each all of the
information required by subdivision four of this section to be given by
an owner and subdivider who is an individual,

6. If such owner and subdivider be other than an individual or
partnership, the name of the state or country where incorporated or
organized, and the names, residence and business addresses of its
principal officers, wherever located, and of its officers and branch
managers in this state, specifying as to each the nature of his relation
to such business, and giving with respect to each all of the information
required by subdivision four of this section to be given by an owner and
subdivider who is an individual,

7. A statement as to whether such owner and subdivider, or, if such
owner and subdivider be other than an individual, whether any partner,
principal, officer, director or branch manager thereof, has been
convicted by a court of competent jurisdiction in any state or country
of any criminal offense in connection with any transaction involving the
sale or offer for sale of subdivided lands, or has been enjoined or
restrained by order of any court of competent jurisdiction from selling
or offering for sale subdivided vacant lands in any state or country, or
continuing any practices in connection therewith,

8. The complete description of the land offered for subdivision or any
part thereof by lots, plots, blocks or sites, with or without streets,
together with maps certified to by a duly licensed land surveyor
accompanied by a certificate attached thereto showing the date of the
completion of the survey and of the making of the map and the name of
the subdivision for the purpose of identification of the subdivided
lands or any part thereof. Where subdivisions were surveyed and mapped
prior to March first, nineteen hundred thirty-six, a certified copy of
the map covering the property, on file in the office of the clerk of the
county wherein the property is located, shall be deemed compliance with
the provisions herein.

9. A search of the title to the land, accompanied by a certificate
either of an attorney and counselor at law duly licensed to practice in
the state of New York, or a certificate from a duly incorporated title
search company or the certificate of an attorney and counselor at law
duly licensed to practice in the state wherein the lands are situated
reciting in detail all of the liens, encumbrances and clouds upon the
title to such land, and which defects of title, if any, render the title
to such land unmarketable,

10. The provisions, covenants, terms and conditions upon which it is
the intention of the owner and subdivider to sell or lease such
subdivided land accompanied by proposed forms of contracts contemplated
for execution and delivery upon the consummation of sales or leases,

11. Such other and further data and information as the department of
state may, in its discretion, demand to be executed upon forms
prescribed by it for filing pursuant to the provisions of this article.