Series 66: Real Estate Direct Participation Program (DPP)

Taken from our Series 66 - NASAA Uniform Combined State Law Exam

Definition of the term Real Estate Direct Participation Program (DPP)...

a pass-through entity, such as a limited partnership, whose security shares indicate ownership, not of an operating company, but of real estate assets of the company.

Since you're reading about Series 66: Real Estate Direct Participation Program (DPP), you might also be interested in:

Solomon Exam Prep Study Materials for the Series 66
Please Enable Javascript
to view this content!