HUD-Owned Real Estate - Sales Contract and Addendums
Revision of a currently approved collection
No
Regular
Approved without change
01/29/2024
06/15/2023
table that charts list comparision
Inventory as of this Action
Requested
Previously Approved
01/31/2027
36 Months From Approved
01/31/2024
83,606
0
110,136
18,894
0
31,186
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.
The changes reported in this collection have been updated with new figures to represent the HUD REO single family properties activity average for calendar years 2019, 2020, and 2021. The update reflects overall decreases associated with responses, burden hours and costs.
$818,546
No
No
No
No
No
No
No
Venida Brown 202 708-0614 ext. 2456
Reginfo record details
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.