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    <title>Registration of SM REIT</title>
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    <description>Registration of SM REIT requires the investment manager, on behalf of the trust, to apply for a certificate of registration in the prescribed Form-A and to pay a non refundable application fee as specified in the regulations&#039; schedule; the Board may appoint a person to take charge of the REIT&#039;s records to protect investors and will consider regulatory requirements when granting registration.</description>
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