# COMCOR — Chapter 40. Real Property - Regulations

### COMCOR 40.12C.01 Advertisements Subject to Property Tax Disclosure Requirements

#### 40.12C.01.01

This Executive Regulation defines the phrase “any written or electronically transmitted material that a seller produces or distributes in connection with the advertisement for sale of specific residential real property” as used in Section 40-12C of the County Code.

    (a)   Any “written or electronically transmitted material that a seller produces or distributes in connection with the advertisement for sale of a specific residential real property,” as used in County Code § 40-12C, includes:

      (1)   all printed sales material available on site or at an “open house;”

      (2)   any information about a specific property for sale which is available on the Internet or in a web page; and

      (3)   any written material which specifies the amount of tax the seller currently pays or recently paid.

    (b)   Any “written or electronically transmitted material that a seller produces or distributes in connection with the advertisement for sale of a specific residential real property,” as used in County Code § 40-12C, does not include, unless the material specifies the amount of tax the seller currently pays or recently paid:

      (1)   a newspaper or magazine classified “liner” advertisement or a “group display” advertisement in which the advertisement for a specific house is less than 16 square inches;

      (2)   one or more introductory screen listings for a specific property on the Internet, which may contain the asking price, as long as the disclosure required by § 40-12C appears on the Internet listing in any later or linked screen which provides further financial details about the property;

      (3)   a “For Sale” sign posted at or near a property; or

      (4)   a radio or television advertisement.

#### 40.12C.01.02 Severability

If a court holds that part of this regulation is invalid, the invalidity does not affect other parts.