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amendment to offering plan

Started by inquirer
over 17 years ago
Posts: 335
Member since: Aug 2007
Discussion about
When a co-op files an amendment to its offering plan, what does it mean? I think they might want to go condo, but probably I'm wrong. Any expert opinion? Thanks.
Response by manhattanfox
over 17 years ago
Posts: 1275
Member since: Sep 2007

? A change or addition in its initial terms... could be anything

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Response by 30yrs_RE_20_in_REO
over 17 years ago
Posts: 9913
Member since: Mar 2009

In fact, any Coop where the Sponsor (or holder of unsold shares) owns more than 10% of the shares, the Sponsor must file a financial disclosure amendment listing their holdings and current financial position.

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