Form Rpie-2016 - Real Property Income And Expense Worksheet And Instructions For Hotels Page 6

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Instructions for Worksheet RPIE-2016 - Hotels
Page 5
sECtIoN F - to BE CoMPLEtED oNLY IF thE PRoPERtY Is A CooPERAtIVE
oR CoNDoMINIUM
For this section, information is required for unsold sponsor-owned units if 10% or more of the units re-
main unsold. Information in this section must be current as of the last day of the reporting period.
1.
List the number of occupied units that are unsold and still owned by the sponsor, cooperative or
condominium and provide the annual income received.
2.
List the number of leased commercial units in the cooperative or condominium and the annual
income received from these commercial units.
3.
List the number of commercial cooperative and/or condominium units that are owner-occupied.
NotE: Do not include maintenance in sECtIoN F or sECtIoN J.
sECtIoN G – thIs sECtIoN Is No LoNGER UsED
sECtIoN h - LEAsE AND oCCUPANCY INFoRMAtIoN
1)
Indicate if the tenant leases the entire property.
❑ Yes ❑ No
2)
Indicate if the tenant pays utility expenses.
❑ Yes ❑ No
3)
Indicate if the tenant pays maintenance and repair expenses.
❑ Yes ❑ No
4)
Indicate if the tenant pays property tax for the space occupied.
❑ Yes ❑ No
5)
Enter the amount of Annual Rent paid to the Property Owner.
______________
6)
Indicate if the net lessee or owner related party subleasing is
any of the property.
a) If yes, list the number Square Footage.
______________
b) If yes, list the Use of Space.
______________
c) If yes, enter the Annual Rent.
______________
7)
Indicate if you are filing as ground lessor.
a) If yes, enter the Ground Lease Amount that you are receiving.
______________
A ground lease is a lease in which the right of use and
occupancy of land is granted.
Owners who have not operated the property and are without knowledge of the income and expenses
of the property for the entire calendar or fiscal year of the reporting period, are not required to complete
PART II. You are required to complete a Claim of Exclusion for partial year information (Section D.k.)
if this applies to your property.
PART II: INCOME AND EXPENSE STATEMENT (FOR ALL PROPERTIES EXCEPT HOTELS)
Not APPLICABLE FoR hotELs

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Parent category: Financial