HUD-Owned Real Estate - Sales Contract and Addendums

ICR 202001-2502-007

OMB: 2502-0306

Federal Form Document

Forms and Documents
Document
Name
Status
Form and Instruction
Modified
Supplementary Document
2020-03-12
Supporting Statement A
2020-04-30
Supplementary Document
2020-01-21
Supplementary Document
2020-01-21
IC Document Collections
ICR Details
2502-0306 202001-2502-007
Active 201807-2502-001
HUD/OH
HUD-Owned Real Estate - Sales Contract and Addendums
Extension without change of a currently approved collection   No
Regular
Approved without change 06/10/2020
Retrieve Notice of Action (NOA) 04/30/2020
  Inventory as of this Action Requested Previously Approved
06/30/2023 36 Months From Approved 06/30/2020
110,136 0 140,989
31,186 0 50,275
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

  84 FR 58406 10/31/2019
85 FR 12802 03/04/2020
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 110,136 140,989 0 0 -30,853 0
Annual Time Burden (Hours) 31,186 50,275 0 0 -19,089 0
Annual Cost Burden (Dollars) 0 0 0 0 0 0
No
No
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.

$350,858
No
    No
    No
No
No
No
No
Venida Brown 202 708-0614 ext. 2456

  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.
04/30/2020


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