Form Hud-9838 - Management Review Report For Unsubsidized Multifamily Housing Programs Page 8

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37. Insurance and Bonding
Yes
No
N/A
a. List current insurance coverage and annual premiums:
d. Has the owner/agent attempted to obtain lower insurance
coverage rates? If yes, describe. __________________
1) Property Basic Coverage =
___________________________________________
$ ______________ , Premium = $ ______________
e. Does the owner/agent have a fidelity bond which is at least
2) Liability Basic Coverage =
equal to potential rent collections for two months and which
$ ______________ , Premium = $ ______________
provides coverage for all employees handling cash? (Ob-
tain copy, if available.)
b. Is property insurance adequate to cover replacement
cost?
Comments (indicate item referred to)
c. Has the project been able to obtain property and liability
insurance coverage without any major difficulty? If no,
describe problems.
___________________________________________
___________________________________________
38. General Management Practices Rating: (Check appropriate box)
Superior
Above Average
Satisfactory
Below Average
Unsatisfactory
Report Prepared By
Report Approved By
Name
Name
Title
Title
Signature
Date
Signature
Date
form HUD-9838 (06/94)
ref Handbook 4566.2
Page 8 of 8

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