Article 04.22: Under Construction Homes

Section 22: Under Construction Homes

 

Under Construction Definition:  The listing is for a specific lot and specific structure where ground has broken but construction is not complete and a Certificate of Occupancy has not been issued.

Under construction homes may be listed under the Residential property type under the following conditions:

A.   The list price must include the price of the residential structure and lot.

B.   Under Construction must be selected from the Construction Status field.

C.   The first words in the Public Remarks field must say “Under Construction.”

D.   The first photo must be an image of the model offered or an artist rendering.  If the image is different from the actual model, disclosure must be made in the Public and Realtor Only Remarks.

E.    The Builder Name and License Number are required in the designated fields.

F.    A floor-plan representing the finished structure is recommended to be uploaded as an attachment, but is not permitted to be uploaded as a listing photo. Please see Article 4, Section 5D.

(Adopted 11/2015)