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Greenbriar Sustainable Living Inc V.GRB

Alternate Symbol(s):  GEBRF

Greenbriar Sustainable Living Inc. is a developer of sustainable entry-level housing and renewable energy projects. The Company’s primary business is the acquisition, management, development, and possible sale of real estate and renewable energy projects. It operates through three segments: real estate development in the United States (Real Estate), solar energy projects in Puerto Rico (Solar Energy) and corporate headquarters located in Canada (Corporate). The Company is focused on building two large-scale projects, namely Sage Ranch in Tehachapi, California and Montalva in Guanica, Puerto Rico. Sage Ranch is a real estate community of over 995 entry-level homes in the Tehachapi Valley, a community located in southern California. Its Montalva property (1,747 acres) is a large utility-scale solar and battery storage building with an initial size of 80 MWac or 160 MWdc, located in the southwestern coastal area of Puerto Rico. Its Cordero Ranch property is located in Cedar City, Utah.


TSXV:GRB - Post by User

Comment by shnepson Nov 16, 2023 8:34am
98 Views
Post# 35738668

RE:Next news may not be far away

RE:Next news may not be far awayJust so everybody knows exactly the DRE process.

"The purchase of real estate is the largest single investment most Californians make during their lifetimes. The DRE ensures that subdividers comply with real estate and subdivided lands laws when offering new homes or lots for sale and deliver to buyers what was agreed to at the time of purchase. The laws enforced by the DRE apply to most standard subdivisions and various types of common interest developments including condominium projects, certain undivided interest developments, and timeshares offered for sale in California.

Before marketing new subdivisions in California, subdividers must obtain a public report from the DRE. Public reports contain information of vital importance to prospective buyers including covenant, conditions and restrictions which govern the use of property, costs and assessments for maintaining homeowners' associations and common areas, and other material disclosures.

Public reports are a critical disclosure document which should be read and understood by any home purchaser considering buying a home in a new subdivision. It is important for consumers to know that a subdivider is required to provide a copy of the public report to a prospective buyer before the buyer becomes obligated to purchase a lot or unit within the subdivision and also to any prospective purchaser who requests it.

Prior to the issuance of the public report, subdividers must file an application with the DRE and submit documents supporting the representations made in the application. If improvements to the subdivision are not complete at the time the application is filed, the subdivider must also submit evidence that adequate financial arrangements have been made for their completion.

After the subdivider conveys the last remaining lot/unit in the subdivision, the DRE's oversight ends and the board of directors of the homeowners association operates the subdivision.


https://www.dre.ca.gov/files/pdf/sprag.pdf

Keep in mind this is related to sales and not related to permitting but the City requires alot of these items (and more) before issuing permits.
Lots of items to be covered in this process.
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