| Items to be furnished by Client: |
| _____ |
Provide us with a complete Title Company Report from when you purchased the property. |
| _____ |
Provide us with two (2) sets of copies of approved building plans (with Building Department stamp). |
| _____ |
Have your architect provide us with an Architects Report describing the Condominium. We will give you a sample report which your architect should use to create your report. We will furnish this to you on disk or by email. Provide us with your architects, name, address, phone number, fax number and email address. |
| _____ |
Provide us with copies of all contracts which will bind the Board of Managers, such as leases for laundry rooms, elevator service contract, etc. |
| _____ |
Provide us with a copy of mortgage and note or bond for financing procured by Sponsor. (Commitment letter, mortgage and note in Offering Plan). |
| _____ |
Provide us with a copy of construction loan or end loans documents. If you have a construction loan, we need copies of the mortgage and note and the closing statement. |
| _____ |
Provide us with a copy of the deed or contract of sale if you have not yet closed on the purchase of the property. |
| _____ |
Provide us with a list of all condominium or coop projects in which you
and all members of your entity were principals in for the past five (5) years. Provide the name, address, file number at attorney general's office, date of acceptance of the offering plan and date of closing of the first unit) Affidavit re: prior public offerings. |
| _____ |
Provide us with an original Certification as to Adequacy or Projected Income and Expenses. You will provide this to us or we will obtain from a qualified expert at a cost of approximately $3,000.00. |
| _____ |
Provide us with a Certification by Expert on Adequacy of Common Charges payable by the Community facility unit Owner(s). You will provide this to us or we will obtain from a qualified expert at a cost of approximately $3,000.00. |
| _____ |
Provide us with a projection from qualified expert regarding cost of heat, hot water, electricity and other utilities for common areas and individual units. (THIS MUST BE PROVIDED BY A "PROFESSIONAL ENGINEER". You will provide this to us or we will obtain from a qualified expert at a cost of approximately $3,000.00. |
| _____ |
Provide us with an estimate of assessed valuation after completion of construction from tax assessor or real estate broker, appraiser, attorney or other professional. (THIS MUST BE PROVIDED BY AN "EXPERT". You can hire and expert or we can recommend an expert. Cost usually approximately $3,000.00 for preparation of assessed valuation after completion of construction.) |
