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COVER SHEET CS2 0 1 5 1 7 7 7 8 S.E.C. Registration Numbers U NL IF EP R O S P E R I N GS U N LC E N T R E5 T HA V EI VEB O WII OT A G UI GCR IZ A LCT OF E D RAID O L L A RAW E L L S P R IIF U N DT
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PROS stands for Public Offering Statement, which is a document that discloses important information about a real estate development project or condominium to potential buyers.
Developers or sellers of real estate projects or condos are required to file a PROS.
PROS is typically filled out by the developer or seller with the help of legal counsel to ensure all required information is disclosed.
The purpose of PROS is to provide potential buyers with important information about the project, including financial details, amenities, rules, and regulations.
Information such as project description, unit pricing, amenities, rules and regulations, financial disclosures, and any potential risks must be reported on a PROS.
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