Company: DREM
Filing Date: 2025-04-15
Form Type: 10-K
Source: 0001641172-25-004861
Chunk: 360

Company: Dream Homes & Development Corp.
Filing Date: 2025-04-15
Form: 10-K
Item: Item 5
Chunk 360
---

scheduled to close in the next 12 months.

Subsequent
event: From the Berkeley Terrace development, Building Pad 6, comprised of 8 improved building pads, was sold and closed title on 1/24/25. At that time all underlying debt
for this property was retired. 42 improved building pads are scheduled to close in the next 12 months.

The
Company issued 1,150,000 shares of common stock for services.

F-14

ITEM
9. – CHANGES IN AND DISAGREEMENTS WITH ACCOUNTANTS ON ACCOUNTING AND FINANCIAL DISCLOSURE

None.

ITEM
9A. – CONTROLS AND PROCEDURES.

(a)
Disclosure Controls and Procedures

The
Company is required to maintain disclosure controls and procedures that are designed to ensure that information required to be disclosed
in its reports filed under the Securities Exchange Act of 1934, as amended, is recorded, processed, summarized and reported within the
time periods specified in the Securities and Exchange Commission’s rules and forms, and that such information is accumulated and
communicated to the Company’s management, including its chief executive officer (also its principal executive officer) and its
chief financial officer (also its principal financial and accounting officer) to allow for timely decisions regarding required disclosure.

Pursuant
to Rule 13a-15(b) under the Securities Exchange Act of 1934 (“Exchange Act”), the Company’s management, including the
Company’s President (“President”), the Company’s principal executive officer (“CEO”) and Chief Financial
Officer (“CFO”) (the Company’s principal financial and accounting officer), have evaluated the effectiveness of the
Company’s disclosure controls and procedures (as defined under Rule 13a-15(e) under the Exchange Act) as of the end of the period
covered by this report. Based upon that evaluation the Company’s CEO, President and CFO concluded that the Company’s disclosure
controls and procedures were effective as of December 31, 2024 to ensure that information required to be disclosed by the Company in
the reports that the Company files or submits under the Exchange Act, is recorded, processed, summarized and reported, within the time
periods specified in the SEC’s rules and forms, and that such information is accumulated and communicated to the Company’s
management, including the Company’s CEO and CFO, as appropriate, to allow timely decisions regarding required disclosure.

(b)
Management’s Report on Internal Control over Financial Reporting

The
Company’s management