AEI Net Lease Portfolio XIII DST Fined By New Hampshire
The State of New Hampshire recently fined AEI Net Lease Portfolio XIII DST. Here are the details about the fine:
- On March 4, 2020, a sale of AEI Net Lease Portfolio XIII DST was made to a New Hampshire resident.
- The investment was sold to a New Hampshire investor by DAI Securities and its agent, Jack Creighton.
- Creighton was not effectively registered in New Hampshire until March 16, 2020.
- DAI and Creighton received a 5% commission.