An offering plan is a document that discloses important information about a condo or co-op to a prospective buyer.  It is used to describe the initial “offering” of a co-op or condo and is filed with the New York State Attorney General’s Office. This info includes the initial offering price, buying procedures, the building’s bylaws, floor plans, board operations, finances and more.

All sellers should provide an Offering Plan to a prospective buyer, and all buyers should make a point of reviewing the plan.

For more information about Offering Plans visit the New York State Attorney General’s description here