Offering Statement
Definition of "Offering statement"
Same as term prospectus: Document that must accompany a new issue of securities for a real estate company or partnership. It includes the same information in the registration statement, such as a list of directors and officers, financial statements certified by a CPA, underwriters, the purpose and use for funds, and other relevant information that prospective buyers of a security want to know. A preliminary prospectus, red-herring is issued before the final, statutory prospectus, which also contains offering instructions.
Popular Real Estate Terms
One of a series of inclined structural supports supporting a roof. ...
Financial institution that channels the savings of its depositors mostly into mortgage and home improvement loans. It concentrates on originating , servicing, and holding mortgage loans. ...
Public record in an assessment district listing the assessed valuation of all its assessed property. ...
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Branch of economics that applies the tools of economic reasoning to the analysis and solution of urban economic problems. ...
Loan secured by the pledge of specific collateral. ...
Failure, without sufficient reason, for one or both parties to perform the terms of a real estate contract. Breach requires unequivocal, decisive, and absolute refusal to carry out the ...
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