COMMON INTEREST COMMUNITY CHECKLIST FOR BROKERAGE FIRM NOTE: Any recipient of this form is advised to independently verify information listed below. Property Address: ______________________________ Date: ______________________ Item Yes No Don’t Know Amount Comment s 1. Are there any unpaid expenses or assessments on the property? 2. Are there any unpaid special assessments on the property? 3. Are there any unpaid liens on the property? 4. Are any special assessments being contemplated on the property? 5. Are any increases being contemplated to the periodic fee? 6. Is there a monthly association fee? 7. Is there a quarterly association fee? 8. Is there a semi-annual association fee? 9. Is there an annual association fee? 10. Is the property subject to more than one association fee? 11. Must a buyer prepay monthly association dues at time of closing? If so, how many months? ________ 12. Is a working capital reserve deposit required from the buyer? 13. Is a transfer fee imposed by the association upon sale of the property? 14. Is a fee imposed by the association for providing a status letter? 15. Is there a charge for common area access devices? (pool keys, common hallway keys, etc.) 16. Are any other fees imposed by the association upon sale of the property? 17. Are there any violations of covenants that the seller has been advised of? 18. Are there any existing or pending law suits against the association and/or the property? 19. Is the association still under the control of the developer? 20. Is there any damage to this property, any common areas, any adjacent properties, or violations of the covenants or rules and regulations that could cause a lien against the property? 21. Is the sale of this property subject to a right of first refusal by the association or a member? 22. Does this property include the use of? Deeded Exclusive use Storage unit(s) Parking space(s) Carport(s Garage(s) 23. The regular association dues includes the following: Management COMMON INTEREST COMMUNITY CHECKLIST FOR BROKERAGE FIRM Page 1 American LegalNet, Inc. www.USCourtForms.com Insurance premiums a. Structure(s) b. Common area liability Common area/element repair, maintenance or replacement Trash collection Water Sewer Heat Hot water Snow removal Roof Indoor swimming pool Outdoor swimming pool Hot tub Tennis court(s) Club house Perimeter fencing Cable/satellite TV Gas service Electric service Road maintenance Common area utilities Exterior maintenance Other _____________________________ Explain any "Yes" answers to the above questions: Association Name: _________________________________________________________________ Association Address: _______________________________________________________________ Association Phone: ______________________ Association President: _____________________ Association e-mail address: __________________________________________________________ Association website: ________________________________________________________________ Association Management Company: ___________________________________________________ Management Company Address: ______________________________________________________ Management Company Phone: _____________ Fax:______________________________________ Management Company e-mail address: _________________________________________________ Management Company Website: ______________________________________________________ Is there a Sub-Association? If so, the above information for the Sub-Association: COMMON INTEREST COMMUNITY CHECKLIST FOR BROKERAGE FIRM Page 2 American LegalNet, Inc. www.USCourtForms.com