SECTION 660:20-5-3. Records and reports


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  •   Every agent shall make and keep, for each subdivider he represents, a monthly report. A copy of each monthly report shall be provided by the agent to the subdivider for retention by the subdivider for at least six (6) years, and for the first three (3) years in a readily accessible location. Such monthly report shall be provided to the subdivider within fifteen (15) days following the last day of the month covered by the report. Each monthly report shall set out the name and address of the agent and the subdivider and state the period of time covered by the report and shall be signed by the agent; shall identify and list all lots which have been sold by the agent for the subdivider during the month covered; shall state the name and address of the purchaser or purchasers of each lot; shall state the date and address of each sale; shall state the amount paid for each lot; and shall state the gross amount of the commission earned by the agent for each lot sold.