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Exam term

Offering statement

The statement filed with the New York Department of Law that offering literature must use under General Business Law § 352-e. It is not the deed or proprietary lease that identifies the purchaser's ownership rights.

Lessons that use this term

  • Trusts, ownership by business organizations, and what cooperative and condominium owners own New York
  • Cooperatives: shares, due diligence, and the documents a sale needs New York

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