Condo questionnaire sample 2025

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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.
The questionnaire asks a series of questions relating to the condo associations financial health, insurance coverage, bylaws and rules, common areas, current and pending litigation, and any other important information that may impact the units value or the buyers ability to secure financing.
The condo questionnaire is a standard lender requirement for a condo. That will show the delinquency rate and the percentage of owners vs renters. All things the lender needs to consider before funding a loan. This is the buyer/lenders obligation to pay for and obtain.
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.
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.
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Questionnaire templates are used in programs to launch questionnaire assessments. They contain questions that are organized in sections and subsections. Respondents answer the questions in questionnaire assessments.

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