What must the principal of a farm corporation do to receive an HPO permit?

To receive a Homeowner Protection Office (HPO) permit, the principal of a farm corporation must file a special resolution not to sell interest in land for one year. This requirement is in place to ensure that the corporation does not sell the property for a specified period, emphasizing the intent to use the property for the construction of a home rather than for profit or subdivision purposes. This step is significant because it helps maintain the integrity of the owner builder program by preventing speculative practices in housing.

The other options, while they may pertain to different aspects of construction or property management, do not specifically address the unique regulations governing the homeowner protection in the context of farm corporations as outlined by HPO requirements. Each of the incorrect options represents other potential regulatory processes but none align with the specific need for a special resolution, which directly supports the HPO guidelines.