Condominium Questionnaire Download For Borrowers

Project Name
City State Zip Code
I . Has control of the project been turned over to the H.OA?

Date turned over:

Yes No
2. Are the amenities complete? Yes No
3.   Is all construction or þhastng complete? Yes No
4. Are common areas and recreational facilities assoctated                 the entire project (or the subject phase) complete?

•If no. does the ro ect have sufficient funds for com fetion?

Yes No
Yes No
5.    Is tne protect a cooperative? Yes No
6.    Is äle protect a condomntum hotel? Yes
7. Is the project a timeshare or segmented ownership protect? Yes No
8. (s the project a multi-dwelling unit condorntnrurn (in ‘Which ownership of multiple units Is evidenced b a sfnale deed and mortaaae? Yes
9. Does the condomintum represent a legal, but noncontorrntng use of the tand (if zontng reau(ations rohibít rebuildin to current densitv in the event of destruction? Yes No
IO- Is the prolect a conversaon?

if yes is the converston a gut rehabilitation? (Where the renovation has stripped the property to the shelt and all HVAC and electncal com onents have been re laced.

Yes No
Yes No
If the builder is in control of the project, or the H.O.A. has been in control far less than a year, please submit the Declarations, B laws. Insurance Cert, Bud et and A raisal with the com feted uestionnajre.
Il. Is the Project built on a Leasehold Estate? Yes No
Number Of Phases


Subject Phase
Total Number of Units
Total Number of Units for Sale
Total Number of Units Sold
Totai Number of Units Rented (Investon
Total Number of Owner Occupted Unfts (Pnncipa[ Residences & Second Homesi
Does any singte entity own more than 10% of the totaC units in the entire project? Yes No
Highest number of un[ts owned by one entity
12- is any portion of the project designated Tor commercial use only?

tTYes, wt•žat percentage of the project?

Yes No
13. Does the Prqect:
a. AllOW Daity Rentals?

Percentage available for daily rentals

Yes No
Contain a rental desk? Yes No
                       c.   Partjctpate fn a mandatory rental pool? Yes No
Provide food servtce? No
e.      Provide dattv Housekeeping?

f.       Provide Blackout dates restricting the owner’s use.

14. Is the protect the subtect of current litigation? Yes No
Please provide a letter of explanation far any litigation.
15. What is the amount currently held in reserves for replacement or repatr of mator components? s
16. Total number of Unlt owners currently over 30 days past cue with tnetr monthly H.O.A. fees.
Tota{ doålar amount of past due.
17. Are the taxes for tne ln<tvldua! units tnctuded In tne H-O-A lees? Yes No
Projects tn which the taxes are included in the H.O.A fees are ineligible.
H-OA. contact Phone Number


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