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Us condominium questionnaire 2026
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- Click ‘Get Form’ to open it in the editor.
- Begin by entering the date, loan number, borrower name, project name, and address at the top of the form.
- Fill in the lender contact name and phone number for easy communication.
- Answer questions regarding common elements and facilities by selecting 'Yes' or 'No'. If applicable, provide details on additional units to be built.
- Indicate if the project is a conversion of an existing residential building and provide the date control was transferred from developer to unit owners.
- Complete sections regarding total units in the project, units sold and closed, under contract, rented, and ownership details.
- Address financial aspects such as delinquent HOA dues and any pending special assessments. Provide explanations where necessary.
- Conclude by certifying information provided by an authorized representative of the HOA, including their contact details and signature.
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| Versions | Form popularity | Fillable & printable |
|---|---|---|
| 2004 | 4.9 Satisfied (42 Votes) |
How much does a condo project questionnaire cost?
The fee for a condo questionaire is generally about $250-300. The prospective borrower typically pays the fee.
Who fills out the condo questionnaire?
The condo questionnaire is typically filled out by the Homeowners Association (HOA) or the property management company that oversees the inium complex. This step is absolutely vital in getting a mortgage for your inium, as it provides a detailed picture of the propertys financial and legal standing.
Is a condo questionnaire required?
The inium Project Questionnaire (Form 1076) helps lenders collect data to determine condo project eligibility. This form is optional; however, lenders are encouraged to use and retain the form in the loan file. A substantially similar form may also be used in its place.
Who typically pays for the condo questionnaire?
The responsibility for paying the condo questionnaire fee is normally on the Buyer or Lender. When is the Condo Questionnaire ordered during the real estate transaction? The Condo Questionnaire is ordered once the buyer and seller have agreed on terms and signed a purchase agreement.
Who fills out the environmental questionnaire?
Depending on the property type (aka: NAICs code), the EQ will be required to be completed either by the lender (with the help of the owner/occupant of the subject property) or by the Environmental Professional (EP).
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