HUD-Owned Real Estate - Sales Contract and Addendums

ICR 201310-2502-010

OMB: 2502-0306

Federal Form Document

Forms and Documents
Document
Name
Status
Form and Instruction
Modified
Supplementary Document
2013-11-29
Supporting Statement A
2014-01-22
IC Document Collections
ICR Details
2502-0306 201310-2502-010
Historical Active 201105-2502-002
HUD/OH
HUD-Owned Real Estate - Sales Contract and Addendums
Revision of a currently approved collection   No
Regular
Approved with change 01/23/2014
Retrieve Notice of Action (NOA) 11/29/2013
As shown by the changes to this collection, HUD should explain the burden decreased as a result of agency action.
  Inventory as of this Action Requested Previously Approved
01/31/2017 36 Months From Approved 01/31/2014
404,888 0 785,748
123,090 0 254,626
0 0 0

The respondents are real estate listing brokers for HUD-owned properties who submit sales contracts and addenda in conjunction with offers to purchase HUD-owned property. The sales contracts and addenda will be used in binding contracts between the purchasers and HUD, and to meet the requirements of the Lead Disclosure Rule relative to the disclosure of known lead-based paint and lead-based paint hazards in HUD sales of pre-1978 construction.

None
None

Not associated with rulemaking

  78 FR 57873 09/20/2013
78 FR 70956 11/27/2013
No

  Total Approved Previously Approved Change Due to New Statute Change Due to Agency Discretion Change Due to Adjustment in Estimate Change Due to Potential Violation of the PRA
Annual Number of Responses 404,888 785,748 0 -441,900 61,040 0
Annual Time Burden (Hours) 123,090 254,626 0 -167,922 36,386 0
Annual Cost Burden (Dollars) 0 0 0 0 0 0
No
Yes
Changing Forms
The HUD forms previously listed on this collection have been updated with new figures to represent the Departments current HUD REO activity. Since the last submission, several SAMS forms have been deleted from the collection because they are no longer used.

$3,200,379
No
No
No
No
No
Uncollected
Angela Graham 202 402-3745

  No

On behalf of this Federal agency, I certify that the collection of information encompassed by this request complies with 5 CFR 1320.9 and the related provisions of 5 CFR 1320.8(b)(3).
The following is a summary of the topics, regarding the proposed collection of information, that the certification covers:
 
 
 
 
 
 
 
    (i) Why the information is being collected;
    (ii) Use of information;
    (iii) Burden estimate;
    (iv) Nature of response (voluntary, required for a benefit, or mandatory);
    (v) Nature and extent of confidentiality; and
    (vi) Need to display currently valid OMB control number;
 
 
 
If you are unable to certify compliance with any of these provisions, identify the item by leaving the box unchecked and explain the reason in the Supporting Statement.
11/29/2013


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