HUD-Owned Real Estate - Sales Contract and Addendums

Forms and Documents

Document Name	Status
Form HUD 9544 HUD-Owned Real Estate - Sales Contract and Addendums Form and Instruction	Modified
Form HUD 9548-B HUD-Owned Reasl Estate - Sales Contract and Addendums Form and Instruction	New
ICR 2502-0306.doc Supporting Statement A	0000-00-00

IC Document Collections

IC ID	Document Title	Status
27115	HUD-Owned Real Estate - Sales Contract and Addendums Form and Instruction	Modified
179729	HUD-Owned Reasl Estate - Sales Contract and Addendums Form and Instruction	New

ICR Details

OMB Control No: 2502-0306	ICR Reference No: 200704-2502-012
Status: Historical Active	Previous ICR Reference No: 200507-2502-003
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: 07/23/2007
	Date Received in OIRA: 04/20/2007
Terms of Clearance:

	Inventory as of this Action	Requested	Previously Approved
Expiration Date	07/31/2010	36 Months From Approved	09/30/2008
Responses	165,473	0	347,356
Time Burden (Hours)	67,550	0	101,902
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:
	71 FR 212	11/02/2006
30-day Notice:	Federal Register Citation:	Citation Date:
	72 FR 76	04/20/2007
Did the Agency receive public comments on this ICR? No

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Number of Information Collection (IC) in this ICR: 2

IC Title	Form No.	Form Name
HUD-Owned Real Estate - Sales Contract and Addendums	HUD 9544, HUD 9548, HUD 9548-G, HUD 9548-H, HUD 9545-Y, HUD 9545-Z	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
HUD-Owned Reasl Estate - Sales Contract and Addendums	HUD 9548-B	Addendum for Discounted Sales to Nonprofit Organization and Governmental Entities

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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	165,473	347,356	0	-181,883	0	0
Annual Time Burden (Hours)	67,550	101,902	0	-34,352	0	0
Annual Cost Burden (Dollars)	0	0	0	0	0	0

Burden increases because of Program Change due to Agency Discretion: Yes

Burden Increase Due to: Miscellaneous Actions

Burden decreases because of Program Change due to Agency Discretion: Yes

Burden Reduction Due to: Miscellaneous Actions

Short Statement: There are several reasons for the revision. The first is to disaggregate the collection to reduce it to only those documents involved with the sale of HUD-owned property. The second is to revise the Sales Contract (form HUD-9548) and revise the Addendum for Discounted Sales to Nonprofit Organizations and Governmental Entities (form HUD-9548-B). The third is to discontinue three forms found not to collect information from the public; three sales contract addendums, the content of which has been incorporated into the revised Sales Contract; and one sale contract addendum that has not been used in several years and which will be rendered obsolete by the GNND rule. The fourth reason is to include 4 forms to comply with the Lead-Safe Housing Rule. These revisions result in a small decrease in the number of respondents, and a substantial decrease in the number of responses, burden hours, and costs.

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Annual Cost to Federal Government: $1,793,194

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]? Uncollected

Is this ICR related to the Dodd-Frank Wall Street Reform and Consumer Protection Act, [Pub. L. 111-203]? Uncollected

Is this ICR related to the American Recovery and Reinvestment Act of 2009 (ARRA)? Uncollected

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: 04/20/2007

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