January 28, 1992 Mr. Robert K. Carter Acting Chief Bureau of Subdivided Land Sales Control New Jersey Real Estate Commission 20 West State Street CN 328 Trenton, New Jersey 08625-0328 RE: Valley of Lakes Registration No. 87/8-252/1 Dear Mr. Carter: On behalf of C.B.G. Limited, the developer of the above- captioned subdivision, we hereby request a temporary suspension of Registration No. 87/8-252/1 for the Valley of Lakes. The developer is endeavoring to obtain refinancing for the project and realizes that when such refinancing is obtained, it will constitute a material change to the registration necessitating amendments to the registration. Therefore, the developer wishes to suspend the registration until such time as the anticipated refinancing is obtained. Once the refinancing is in place, the developer expects to re-activate the subdivision registration with your office and file the appropriate amendments at that time. Please be advised that according to the developer, it has not made any lot sales since around October 1991 and solicitations in New Jersey may have ceased prior to that time. No marketing, solicitation or sales will be made to New Jersey residents within the State of New Jersey until such time as the registration is reactivated and appropriate amendments made to the registration. Mr. Robert K. Carter January 28, 1992 Page 2 Please advise us whether further procedures are needed to effectuate the temporary suspension of the Valley of Lakes registration. If you have any questions, please do not hesitate to contact us. Very truly yours, /s/ RMC:SPR:pc Robert M. Chasnow
|
|