Prospectus
8. A prospectus under section 12 of the Act shall contain, (a) in the case of an individual or partnership, the full name and residence address of the individual or of each member of the partnership, as the case may be, together with the business address of the individual or partnership; (b) in the case of a corporation, (i) the full name of the corporation and the address of its head office, (ii) the laws under which the corporation was incorporated and stating whether incorporated by letters patent or otherwise and the date thereof, (iii) whether supplementary letters patent or a similar authority for variation of the letters patent or otherwise has been issued and the date thereof, (iv) the names of the officers and directors, giving in each case the present occupation and home address in full, (v) the particulars of the share capital authorized, issued and paid up, the number and classes of shares and the par value thereof or if without par value so stating, and (vi) the particulars of any bonds or debentures outstanding or proposed to be issued; (c) the name and address of the auditors of the individual, partnership or corporation, as the case may be; (d) a general description of the subdivision and the area surrounding it; (e) a legal description of the subdivision and particulars of the state of the title; (f) particulars of all encumbrances, both existing and proposed, and of the provisions made or to be made for their discharge; (g) particulars of the terms and conditions upon which it is intended to dispose of the subdivided lands and, if any particular forms of contract are to be used, stating when and where the subdivided lands may be inspected; (h) particulars of the manner in which the plan of subdivision has been filed with the appropriate land registry office or similar recording office in the municipality or district in which the subdivision is situate, giving the date of approval or other acceptance by the appropriate officials and the date and number of the registration of the plan; (i) particulars of the manner in which title of a particular lot or unit or other interest is to be conveyed to a prospective purchaser; (j) particulars of the arrangements to govern the handling of deposits and other money received or to be received from purchasers or prospective purchasers between the time of payment and the time when the title of a lot or unit or other interest contracted for is conveyed to the purchaser; (k) particulars of existing public utility services for the subdivision, including water, sewerage, electricity, gas and telephone service and whether public utility service is available or proposed, and particulars of access, roads, sidewalks, street lighting, garbage collection, fire protection, school facilities and public transportation; (l) particulars of the plan for financing the subdivision and, without limiting the generality of the foregoing, stating, (i) acquisition costs unpaid, costs of installation of proposed services and details of any other expenditures which are or might reasonably be anticipated, with dates for payment in each case, (ii) the amounts and nature of all performance bonds or similar securities that are, or are to be, posted or deposited, and (iii) the source of funds with which all unpaid costs and anticipated expenditures are to be paid; (m) particulars of all building restrictions, zoning regulations and other restrictions governing the use or development of the subdivided lands; (n) particulars of any clearing, fill, improvement or other change from the natural state of the subdivided lands; (o) particulars of any drainage overflow hazard with respect to the subdivided lands and whether arrangements for dyking or drainage have been made or are proposed; (p) particulars of the nature of the foundations required for building on the subdivided lands; (q) particulars of arrangements, if any, that have been or are proposed to be made with contractors or builders for construction of houses or other buildings thereon contracted for, commenced or completed, including provision for lien protection, if any; and (r) in the case of condominium units such other particulars as the Superintendent may require. R.R.O. 1990, Reg. 798, s. 8; O. Reg. 319/98, s. 10.