The legal documents the SEC requires when you raise money for real estate, drafted from attorney-reviewed templates. One flat $2,500. Never a percentage of your raise.
Built by attorneys. For everyone.
First 50 sponsors: $2,500 per raise locked for life (standard pricing will be $3,500), the international module at the same locked rate when it launches, and attorney review of your first raise included free. No payment now; you approve everything before your card is ever charged.
Billed by the hour, on every deal.
Your deal clock does not stop for redlines.
A $95 template doesn't know your deal. Get it wrong and you risk the raise itself.
No sponsor should have to choose between a five-figure bill and lying awake wondering if the documents will hold up.
We sat on the legal side of these deals and watched sponsors overpay for the same documents, deal after deal. Exemptly fixes that.
20 minutes of plain-English questions.
Complete drafts, same day, free.
Form D + state filings, every deadline tracked.
Researched market ranges, per raise.
| Option | Typical cost per raise | What you still don't get |
|---|---|---|
| Big-law attorney PPM | $35,000+ | Speed; filings usually billed separately |
| Experienced PPM lawyer | $8,000 to $15,000 | Blue sky filings, deadline tracking |
| Non-attorney drafting shop | $2,500 to $5,000 | Attorney-reviewed templates, filings |
| Blue sky filing service alone (15 to 25 states) | $5,000 to $15,000 plus state fees | Any documents at all |
| SPV / fund platform per deal | $4,500 to $19,500 | Issuer documents for your own syndication |
| Exemptly, complete | $2,500 flat | Nothing above. Documents, Form D, blue sky mapping, deadlines, in one place; free attorney review for the Founding Fifty |
Sources: published market ranges compiled in our research (ContractsCounsel, PPM Lawyers, FIN Compliance, Allocations pricing comparison). State filing fees are charged by the states at cost under every option, including ours.
Each piece priced against what it replaces.
Tens of thousands of Reg D offerings are filed every year, and syndicators file more than almost anyone, yet every deal still means a five-figure legal bill and a multi-week wait. Exemptly compresses documents, Form D, and state filings into one guided workflow for one flat fee. Your expertise prices the deal; ours makes the paperwork keep up.
One flat fee per raise. Compare to $8,000 to $35,000 for a traditionally drafted PPM, before filing services.
Attorney review by a securities law firm affiliated with Exemptly's founder (disclosed) included free on each founding member's first raise; the firm represents you, and Exemptly covers its flat fee. For later raises, and after the founding cohort, attorney review is an optional flat-fee add-on. The price includes Form D and blue sky compliance work; the only extra is state filing fees themselves, passed through at cost and estimated before you pay.
Your first raise's complete package is reviewed by a securities law firm affiliated with Exemptly's founder (the affiliation is always disclosed; you may use any attorney instead). The firm's engagement is with you, and Exemptly covers its flat review fee. Founding members lock $2,500 per raise for life (standard pricing will be $3,500), including the international (Reg S) module at the same locked rate when it launches. Same-day drafts or the package is free.
Every document, decision, and deadline for a 506(b)/(c) raise, on one page.
Useful on their own. No signup required.
Form D is due within 15 days after the first sale of securities in your offering.
Two questions to point you to the likely exemption path.
"Accredited investor" is defined in SEC Rule 501(a) of Regulation D. For individuals, the most common ways to qualify are:
Certain entities also qualify, including banks, registered investment companies, and entities with over $5 million in assets not formed to acquire the securities offered, among other categories. In a 506(c) offering the issuer must take reasonable steps to verify accredited status; in a 506(b) offering accredited investors generally self-certify. Educational summary only, not legal advice; see 17 CFR 230.501(a) for the full definition.
From reviewed template set RE-506 v4.2
Review free. Pay once to unlock final versions and filing.
TABLE OF CONTENTS (excerpt): Summary of the Offering · The Company and the Property · Management · Terms of the Offering · Use of Proceeds · Distributions and Waterfall · Risk Factors · Conflicts of Interest · Federal Income Tax Considerations · Subscription Procedures …
[Full draft continues. Unlock to download complete Word and PDF versions.]
Demo checkout. No card is charged in this prototype.
Form D and state blue sky notices for Maple Grove Apartments Partners, LLC
Due within 15 days after the first sale of securities in the offering.
Required in each state where your investors reside, generally within 15 days after first sale to a resident of that state. Fees below are sample data for demonstration; production values come from the maintained state rules engine.
| State | Est. fee* | Deadline | Status |
|---|
*Illustrative only in this prototype.
Everything for your raises, in one place.
Answer about 20 minutes of plain-English questions and preview your full document set free.
No deadlines yet. They appear automatically once you report a first sale.