Hidden Hollow in Show Low Arizona
This is one of Show Low's newest subdivision.
Hidden Hollow is a sub-division with 22 incredible lots ranging from 1/4 to 1/3 acre. Choose from a lot with great views of the Rim Country or lots backing up to Fool Hollow Lake State Park.
All Utilities
* City Sewer
* City Water
* Navapache Electric
* Unisource Gas
* Frontier Telephone
* Cable One
Great subdivision with beautiful lots starting at only $79,900 with homes only restrictions, views and tall pines.
Hidden Hollow is located in Show Low, Arizona off SR 260, two miles west of the US 60. Take Old Linden road to 32nd Ave, turn left and continue to Hidden Hollow at the end of the road.
Tuesday, February 19, 2008
Hidden Hollow Show Low Arizona
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Labels: Land, Real Estate, Subdivision
Friday, September 21, 2007
Subdivisions Within a Subdivision
I got this from the Arizona Department of Real Estate website. Apache County and Concho, Arizona land owners need to read this very important information. The land sales information below is also important if you own land in St. Johns, Hunt, Vernon, Snowflake, Sanders, Show Low, Greer, Pinetop, Lakeside, Heber, Joseph City, Holbrook, or Winslow.
Illegal subdivisions and mortgage fraud has been going on in the Arizona real estate market this past year.
If you need more information you should go to the AZ Department of Real Estate link at the bottom or call the Arizona Department of Real Estate office.
Subdivisions Within a Subdivision
by Bill Day, Deputy Director of Subdivision Investigations
If a person purchases lots in an approved subdivision,
at what point does the purchaser become a
subdivider and need to obtain a public report before
offering any of the lots for sale?
A.R.S. § 32-2101(54) defines a subdivider as “any
person who offers for sale or lease six or more lots,
parcels or fractional interest in a subdivision or who
causes land to be subdivided into a subdivision for
the subdivider or others, or who undertakes to develop
a subdivision”.
A.R.S. § 32-2101(14) “Common Promotional Plan”
means a plan, undertaken by a person or group of
persons acting in concert, to offer lots for sale or
lease. If the land is offered for sale by a person or
group of persons acting in concert, and the land is
contiguous or is known, designated or advertised as
a common unit or by a common name, the land is
presumed, without regard to the number of lots covered
by each individual offering, as being offered for
sale or lease as part of a common promotional plan.”
A.R.S. § 32-2181(A) states in part “Before offering
subdivided lands for sale or lease, the subdivider
shall notify the commissioner in writing of the subdividers
intention”. (This means submitting an application
for public report.)
A.R.S. § 32-2183(F) states in part “ A subdivider
shall not sell or lease or offer for sale or lease in this
state any lots, parcels or fractional interest in a subdivision
without first obtaining a public report from
the commissioner except as provided in section 32-
2181.01 or 32-2181.02”.
Scenario 1
If a person owns or has an ownership interest in six
or more lots in an approved subdivision, that person
must obtain a public report. before offering for sale
or selling any of the lots
Scenario 2
If a person purchases three lots in a subdivision in
2004 and sells these lots, and then purchases 2 more
lots in this subdivision in 2005 and sells these lots, a
public report is not required. But if the person purchases
one or more lots in this subdivision after the
first 5 lots have been sold, the person is required to
obtain a public report for the subsequent lots. There
is no time limit over which the purchases occurred. If
the person purchases 3 lots in 1979 and sells them
and then in 2006 purchases three or more lots, the
person is required to obtain a public report before offering
any of the lots for sale.
Scenario 3
A subdivision was platted in 1926 and no improvements
have been made. In 2006 a person purchases
six or more lots. That person is required to obtain a
public report before offering any of the lots for sale.
Scenario 4
Mr. X purchases four lots in a subdivision. Mr. X
owns company Y, which purchases four lots in the
same subdivision. Mr. X and company Y are required
to obtain a public report prior to offering the lots for
sale.
For subdivision purposes ownership interest includes
but not limited to deeds, option agreements, executed
purchase contracts, trust agreements and agreements
of sale.
Source: October / November 2006 Arizona Department of Real Estate Bulletin
On The Net:
Arizona Department of Real Estate
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Labels: Apache County, Land, News, Real Estate, Subdivision
