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Martin Act (Real Estate Offerings Context)

The NY Attorney General describes Article 23-A of the General Business Law (commonly referred to as the Martin Act) as part of the legal framework under which offering plans for co-ops and condos are reviewed. In this context, "Martin Act oversight" is the disclosure/plan-review regime governing sponsor offerings rather than resale transactions.

Where it applies
New York State
When it comes up
Offering plan filing and sale
Property types
Sponsor co-op/condo offerings and conversions

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