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Checklist
01.
Name of Condominium
02.
Address of Condominium
03.
# of Units in the Condominium
04.
Recorded Survey Map
05.
Recorded Covenants
06.
Signed Bylaws
07.
Articles of Incoporation with Secretary of State Certificate
08.
Budget (FHA requires Total Income X 10%=Reserve Funding)
09.
Current Income Statement and Balance Sheet
10.
Previsious Year End Income Statement and Balance Sheet
11.
Management Agreement
12.
FHA Questionaire
13.
Insurance Certificate or proof of Insurance Coverage (Building/Property, Liability & Fidelity)(FHA Requires Fidelity Coverage = Reserve Balance Plus 3 Months of Dues & Management listed as additional insured
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