Property Management

The BorrowerBorrowerPerson who is the obligor under the Note. is required to provide a management plan and a list of major repairs completed during the preceding 3 years, and the LenderLenderPerson approved by Fannie Mae to sell or service Mortgage Loans. must confirm that the PropertyPropertyMultifamily residential property securing the Mortgage Loan and including the land (or Leasehold interest in land), Improvements, and personal property (as defined in the Uniform Commercial Code). is capably managed.