Condo HOA Club Payment Processing Setup Procedures Step One Complete this questionnaire and request a billing statement or ledger for the property in accordanc by zth19449

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									                         Condo / HOA & Club Payment Processing Setup Procedures

Step One:         Complete this questionnaire and request a billing statement or ledger for the property in accordance with
the HOA Liabilities & Limitation for Dues.

Step Two:       Verify that the statement is correct and in accordance with the HOA Liabilities & Limitation for Dues. Billing
statements and legers that do not match the liability laws will be rejected and the task reopened.

Step Three:     Request a ledger or payment book for all future payments. If HOA will not provide, please ask them to
send future invoicing or payment stubs to NRT REOExperts, LLC 7100 West Commercial Blvd, Suite 101, Fort Lauderdale, FL
33319.

Step Four:         Obtain a W-9 for the any attorney or management company representing an HOA. The only time a W-9 is
not required is if the monthly dues will be paid directly to the HOA - in the name of HOA.

Step Five:     Upload this form along with the billing statement                into   our   Document        Website    (address:
http://www.reoexperts.net/bpo). This site is extremely user friendly

        1.      User Name:      BPOLoad
        2       Password:       BPOLoad
        3.      Enter Loan Number
        4.      Upload the three (two if W-9 is not required) items above.

Step Six:Send a message to the asset manager stating that steps ONE through FIVE have been completed.


Today’s Date:
Property Address:
Loan Number:
Association Name:
Association Contact Person:
Association Phone: (         )           -       Ext:           Association Fax: (       )       -
Association Email:
Association Address:
Is the Association represented by a Management Company?                                      Yes           No
Mgmt Co/Atty Contact Person:
Mgmt Co/Atty Phone: (                )       -      Ext:        Mgmt Co/Atty Fax: (          )        -
Mgmt Co/Atty Email:
Mgmt Co/Atty Address:
Mgmt Co/Atty Contact Person:
Association Dues:                $                         Choose one:        Monthly                Quarterly         Yearly
Assessments to be paid: $                          Reason for Assessment:
               For Assessments, Please obtain HOA Board documentation of the approval.
Please initial this form affirming that the billing statement provided by the Association is in accord-
ance with the HOA Liabilities & Limitation for Dues and correct to the best of your knowledge.
                                                                      Listing agent initial




                                                                                                                 NRT Rev. 09.28.09

								
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