Loan Documents

Requirements

You must:

• ensure the BorrowerBorrowerPerson who is the obligor per the Note. executes the Modification to Multifamily Loan and Security Agreement Shared Use of Essential ElementsEssential ElementsA Shared Use Property’s amenities, common areas or infrastructure: impacting or essential to the: operation, use, value and marketability, leasing, refinancing, and/or zoning or legal compliance; and examples of Essential Elements may include: parking, … (Form 6276); and
• if appropriate per the conditions described in the Estoppel Certificate attached to Form 6276, use reasonable efforts to obtain from the association or other appropriate party:
  • the Estoppel Certificate attached to Form 6276; or
  • other form providing similar representations.