Regulations last checked for updates: Feb 11, 2026

Title 12 - Banks and Banking last revised: Dec 01, 2026
§ 1011.5 - Reimbursement.

If a purchaser exercises rights under 15 U.S.C. 1703(b), (c), or (d), but cannot reconvey the lot in substantially similar condition, the developer may subtract from the amount paid by the purchaser, and otherwise due to the purchaser under 15 U.S.C. 1703,any.

source: 76 FR 79522, Dec. 21, 2011, unless otherwise noted.
cite as: 12 CFR 1011.5