Form 1073-2026

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The document provides instructions for lenders on how to complete and submit a form summarizing the operating budget and reserves for Type C condominium projects and Type 2 cooperative projects. It outlines the printing requirements, submission process for project acceptance requests, and certification responsibilities of the lender and owners' association or management agent.

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Click ‘Get Form’ to open it in the editor.
Begin by filling out the top section of Page 1, which is designated for 'Seller/Servicer Use Only.' Here, you will enter the lender's information and certify your analysis of the operating budget.
Proceed to complete the detailed sections regarding annual income and expenses. Ensure that all figures are accurate and reflect the projected budget for the upcoming year.
On Page 2, locate the certification area. This must be executed by either the owners' association or management agent. Make sure to review all entries before signing.
Once completed, print the form on legal size paper using portrait format. Remember to select 'shrink to fit' in your print settings for proper formatting.

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