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Click ‘Get Form’ to open the condo questionnaire in the editor.
Begin by entering the date and loan number at the top of the form. Fill in the borrower(s) name, project name, phase number, and address details accurately.
In the PROJECT PROFILE section, provide information about unit sales. Specify total units, units under contract, and those that have closed. Ensure you include both principal residence and investor-owned units.
Next, indicate the percentage of units that are delinquent in common expense assessments and state the monthly dues for the subject unit.
Continue through each question methodically, answering yes or no where applicable. Pay special attention to questions regarding ownership percentages and project completion status.
Finally, complete the CONTACT AND SIGNATURE section with your details and ensure all required documentation is attached before submitting.
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by S Cohen 1971 condominium questionnaire, invaluable. Beyond this, the volume, in a brief but enlightening manner, covers dozens of items of crucial interest to aRead more
This information is collected to determine if a condominium project is eligible for FHA project approval and if a unit in an approved or unapproved condominiumRead more
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