Fannie Mae Lender Full Review Condominium Questionnaire For Established Projects Page 5
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558. Are the structures within the project within reasonable distance from each other?
YES
or
NO
59. Are the common areas and facilities consistent with the nature of the Project and competitive in the
marketplace?
YES
or
NO
60. Are there any circumstances or conditions that would adversely affect the value, condition or marketability
of units contained within the Project?
YES
or
NO
If yes, please explain. ______________________________________________________________________
If project is a 2-4 Unit condominium project, the following questions must also be answered:
1. How many units are in the project? __________________________________
2. Does any one person or entity own more than one unit within the Project?
YES
or
NO
3. Are all units, common elements, and facilities within the Project, including those that are owned by
any master association a 100% complete?
YES
or
NO
4. Are the unit owners the sole owners of, and have rights to the use of, the Project’s facilities, common
elements and limited common elements?
YES
or
NO
5. How many units in the project are owned as principal residences or second homes? ______________
This questionnaire must be completed, signed & dated by the HOA Representative.
I, the undersigned, certify that to the best of my knowledge and belief the information and statements
contained on this form are true and correct.
_____________________________________________________________________________________ ___________________
HOA Name
Date
_____________________________________________________ ______________________________
_____________________
HOA Representative (Sign & Print Name)
HOA Representative’s
Best time of Day to
Telephone #
Contact Preparer
Management Company___________________________________________________________________________________
June 21, 2013
Page 5 of 5
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