Sponsor Disclosure Form

PREIshare Sponsor Disclosure Form

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Please complete this form below to become a PREIshare-approved Sponsor.

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CURRENT SPONSOR INFORMATION

Please also include previous company names.

Company Name

Date Formed

State Formed

Tax ID

Contact Name

Contact Number

Physical Address

Is there a succession plan for the key principal?

Is there a dedicated investor relations team?

Frequency of investor updates

Typical Frequency of distributions

Frequency of investor meetings

PRINCIPAL INFORMATION

This information will be used to run background checks on all Sponsor Principals. It is necessary to have this data to find the correct person's record to avoid confusion with other people with similar names. A Principal includes a General Partner or Managing Member of the Sponsorship entity that has cash equity invested and at risk in the ownership of a property and has an active role in the execution of the business plan. I many cases, the Principal will sign on the debt and take on recourse. Experience is the number of years a Principal has spent executing investments in a Principal capacity.

How many principals would you like to add?

Please provide details for each Principal. We will run background checks for each within your company.

OUTSIDE CONSULTANTS & STRATEGIC PARTNERS: PROPERTY MANAGEMENT, ACCOUNTING, LEGAL, ETC.

Service: Property Management

How many property management companies would you like to add?

Service: Accounting

How many accounting companies would you like to add?

Service: Legal

How many legal companies would you like to add?

Co-GP/Outside Partners

How many Co-GP/outside partners would you like to add?

Capital

How many capital partners would you like to add?

SPONSOR REAL ESTATE HISTORY, BACKGROUND & STRUCTURE

Does your company maintain a due diligence process and/or checklist for projects?

Has your company, or any officers or directors, had any asset foreclosed upon or disposed of through a short sale?

Has any officer or director been indicted for, or convicted of, any criminal charge other than a minor traffic violation?

Please outline your typical deal structure (preferred return, promote hurdles, etc.)

What are the typical fees taken by you as a sponsor on the front end of the transaction?

LIABILITIES, LITIGATIONS, & JUDGEMENTS

These questions are applicable to Principals. For "YES" responses to these questions, please provide a narrative on the circumstances that created the situation, the current status, and the resolution (if applicable).

Are you, your officers, or directors party to any pending legal action where there is a claim against you for legal damages?

Have you, your officers, affiliates, and/or principals been involved in any civil litigation (as plaintiff or defendant) in the last 7 years (other than divorce and related proceedings)?

Are you, your officers, or directors a defendant in any pending or current legal action?

Are there any judgements, claims, arbitration proceedings or suits pending or outstanding against you, your organization or its officers or directors?

Have there been any judgements, claims, or suits against you, your organization or its officers or directors that have been satisfied?

Have you, your organization, its officers, or directors filed for bankruptcy or has any entity in which you were a partner or investor filed for bankruptcy, whether for reorganization or otherwise?

Are you, your officers, or any directors disqualified from utilizing the Rule 506 exemption from registration for having engaged in specific "bad acts?"

Do you and your organization carry liability insurance (D&O, and E&O)?

Would you like to record your episode of the The Fundication Show in person or via Zoom?

in-Person (Preferred) Our studio is located at: 382 W 6110 S Murray, UT 84107
Zoom

TRACK RECORD/REAL ESTATE SCHEDULE

Step 1: Click here to access the spreadsheet (Before filling it out, go to File > Make a copy to save it to your own Google Drive.)

Step 2: Complete the spreadsheet with the required information.

Step 3: Upload your completed file using the upload field below, or paste the Google Drive link in the text field provided.
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How What

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PRINCIPAL SIGNATURE

1. By executing this Application on behalf of the sponsor entity Customer understands and agrees that PREIshare may, for the purposes of verifying the information provided in this application is true and complete, obtain personal information concerning such individual(s) and/or business entities from third-party sources, including obtaining consumer reports concerning each individual(s) and/or business entities from one or more consumer reporting agencies, for purposes of enabling PREIshare to conduct due diligence on the Sponsor. This Authorization must be agreed to by all Principals disclosed in the "Principal Information" section above. All undersigned declare under perjury that the foregoing and the Track Record/Real Estate Schedule submitted with this application are true and correct.

2. If the Customer, or any of the Principals thereof, commit any felonies or misdemeanors related to financial matters, violate the terms of any agreements with PREIshare, or engage in a "Disqualifying Event" (as defined in Regulation D of the Securities Act), the undersigned will notify PREIshare within 5 business days of the occurrence of such incident and understands that their approval status may be revoked in such occurrence or as the result of a breach of an agreement with PREIshare or violation of applicable law.

Principal Signature

Principal Name

Signature

Clear Signature

Date Signed

Custom Captcha

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