HUD-Owned Real Estate - Sales Contract and Addendums

Forms and Documents

Document	Type	Status	Availability
Form SAMS1111 HUD-Owned Real Estate - Sales Contract and Addendums	Form and Instruction	Modified	Available
60 day FR notice 2502-0306.pdf	Supplementary Document	Uploaded 2017-01-14	Available
2502-0306(F).docx	Supporting Statement A	Uploaded 2017-01-31	Available
24cfr291_main_02.html	Supplementary Document	Uploaded 2013-11-29	Available

IC Document Collections

IC ID	Collection	Type	Status	Form
27115	HUD-Owned Real Estate - Sales Contract and Addendums	Form and Instruction	Modified

ICR Details

OMB Control No: 2502-0306	ICR Reference No: 201608-2502-012
Status: Historical Active	Previous ICR Reference No: 201310-2502-010
Agency/Subagency: HUD/OH	Agency Tracking No:
Title: HUD-Owned Real Estate - Sales Contract and Addendums
Type of Information Collection: Revision of a currently approved collection	Common Form ICR:  No
Type of Review Request: Regular
OIRA Conclusion Action: Approved without change	Conclusion Date: 04/05/2017
	Date Received in OIRA: 02/01/2017
Terms of Clearance:

	Inventory as of this Action	Requested	Previously Approved
Expiration Date	04/30/2020	36 Months From Approved	04/30/2017
Responses	140,989	0	404,888
Time Burden (Hours)	50,275	0	123,090
Cost Burden (Dollars)	0	0	0

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Abstract: 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.

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Authorizing Statute(s): None

Citations for New Statutory Requirements: None

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Associated Rulemaking Information
RIN:	Stage of Rulemaking:	Federal Register Citation:	Date:
	Not associated with rulemaking

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Federal Register Notices & Comments
60-day Notice:	Federal Register Citation:	Citation Date:
	81 FR 153	08/09/2016
30-day Notice:	Federal Register Citation:	Citation Date:
	82 FR 8946	02/01/2017
Did the Agency receive public comments on this ICR? No

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Number of Information Collection (IC) in this ICR: 1

IC Title	Form No.	Form Name
HUD-Owned Real Estate - Sales Contract and Addendums	SAMS1103, HUD 9544, HUD 9548, HUD 9548-G, HUD 9548-H, HUD 9545-Y, HUD 9545-Z, SAMS1108, SAMS1111, SAMS1111a, SAMS1110, SAMS 1101, SAMS-1117, SAMS-1120, SAMS-1204, SAMS-1205, 9548-b	Payee Name and Address ,   Selling Broker Certification ,   Payee Deactivation Request ,   Funds Reclassification ,   Authorized Signatures for Payee File Maintenance ,   Authorized Signatures for Funds Reclassification ,   Discount Sales Addendum ,   Contract of Sale and Purchase (All Cash-Bulk Sale) ,   Sales Contract ,   Addendum to Sales Contract ,   Addendum to Sales Contract, Completion of 203(k) Rehabilitation Financing Lead-Based ,   Lead-Based Paint Disclosure Addendum ,   Lead-Based Paint Disclosure Addendum - Seller has NO records or Reports ,   Define Lessees/Lease ,   Request to Wire Transfer Funds ,   Eviction Status ,   Taxing Authority Profile

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ICR Summary of Burden

	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	140,989	404,888	0	0	-263,899	0
Annual Time Burden (Hours)	50,275	123,090	0	0	-72,815	0
Annual Cost Burden (Dollars)	0	0	0	0	0	0

Burden increases because of Program Change due to Agency Discretion: No

Burden Increase Due to:

Burden decreases because of Program Change due to Agency Discretion: No

Burden Reduction Due to:

Short Statement: The HUD forms previously listed on this collection have been updated with new figures to represent the Department’s current HUD REO activity. The current activity results in overall decreases associated with responses, burden hours and costs. The information collections do not have substantive changes to the language contained in the form; however, a non-substantive edit is made to some of the forms to reflect a handbook reference change to HUD’s new FHA Single Family Housing Policy Handbook (Handbook 4000.1). In addition, a non-substantive edit that replaced the name of the form SAMS 1111-A from “Selling Broker Certification” to “Real Estate Broker Certification” to better reflect the actual users of the form (listing or selling brokers)

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Annual Cost to Federal Government: $1,558,529

Does this IC contain surveys, censuses, or employ statistical methods? No

Is the Supporting Statement intended to be a Privacy Impact Assessment required by the E-Government Act of 2002? No

Is this ICR related to the Affordable Care Act [Pub. L. 111-148 & 111-152]? No

Is this ICR related to the Dodd-Frank Wall Street Reform and Consumer Protection Act, [Pub. L. 111-203]? No

Is this ICR related to the American Recovery and Reinvestment Act of 2009 (ARRA)? No

Is this ICR related to the Pandemic Response? Uncollected

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Common Form ICR:  No

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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:

(a) It is necessary for the proper performance of agency functions;

(b) It avoids unnecessary duplication;

(c) It reduces burden on small entities;

(d) It uses plain, coherent, and unambiguous language that is understandable to respondents;

(e) Its implementation will be consistent and compatible with current reporting and recordkeeping practices;

(f) It indicates the retention periods for recordkeeping requirements;

(g) It informs respondents of the information called for under 5 CFR 1320.8 (b)(3) about:

(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;

(h) It was developed by an office that has planned and allocated resources for the efficient and effective management and use of the information to be collected.

(i) It uses effective and efficient statistical survey methodology (if applicable); and

(j) It makes appropriate use of information technology.

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.

Certification Date: 02/01/2017

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