What is a Public Offering Statement (POS)? – David Reecher

A Public Offering Statement is a document prepared by the attorneys representing the builder of a newly constructed condominium building. The statement includes information about the number and type of units in the building, the homeowners association’s rights and duties to owners, and a list of any easements or liens affecting the title of the building. In most cases, buyers looking to purchase a new construction condo can get the Public Offering Statement from their agent before making an offer.

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