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Purchase Application For the Sale of a Cooperative Apartment

BASIC INFORMATION
SELLER'S INFORMATION
SELLER'S BROKER
PURCHASER'S INFORMATION

If purchaser is a corporate entity:

 
PURCHASER'S INFORMATION Continued

(and type of joint ownership) [e.g. tenants in common, joint tenants with rights of survivorship, or tenants by the entirety]

PURCHASER'S BROKER
PERSONAL INFORMATION REGARDING APPLICANT(S)

Name:

Residence Address:

Dates of Residence:

Prior Address:

(If less than 5 years at present address)

Dates of Residence:

Employment Status:

 
 

Are you self-employed?

Current Employer:

Employer Address:

Period of Employment:

Years in Line of Work:

Supervisor's Name:

Business Telephone:

 
PERSONAL INFORMATION REGARDING APPLICANT(S) Continued

Prior Employer:

(if less than 3 years in current job)

Prior Employer Address:

Period of Employment:

Prior Supervisor's Name:

Business Telephone:

Income Estimate This Year:

Actual Income Last Year:

Educational Background (Optional):

ADDITIONAL INFORMATION REGARDING APPLICANT(S)

(NOTE: If applicant is a corporate entity, a new lease package must be completed and sent to the Board each time occupancy changes.)

Schools and years attended of occupants (if different from purchaser) [optional]

Are any pets to be maintained in the apartment? If yes, note number and kind. (NOTE: Please refer to building rules)

Names of organizations to which applicants belongs (clubs, societies, board memberships, etc.) [optional]

Will occupancy be:

If Part Time, what is the approximate number of days per month you will use the apartment?

Do you plan to sublease your apartment?

(NOTE: Please refer to building rules)

Do you plan to perform any alterations to the apartment?

(NOTE: Please refer to Alteration Agreement)

If yes, please describe the plans:

 
ADDITIONAL INFORMATION REGARDING APPLICANT(S) Continued

Will there be any business or profession conducted in the apartment?

(NOTE: Please refer to building rules)

If yes, please describe the nature of your business:

If you do not plan to receive mail at the apartment, please specify where monthly bills and correspondence should be sent:

Address of any additional residences owned or leased by applicant:

Is this your first time purchasing a coop?

Emergency Contact:

APPLICANT'S HOUSING HISTORY
BUSINESS AND PROFESSIONAL REFERENCES

1. Name:

Address:

2. Name:

Address:

 
PERSONAL REFERENCES

1. Name:

Address:

2. Name:

Address:

3. Name:

Address:

4. Name:

Address:

BANK AND CREDIT REFERENCES

1. Bank Name:

Address:

Account #:

Type:

 

2. Bank Name:

Address:

Account #:

Type:

 

3. Stock Broker or CPA:

Firm:

Address:

Phone:

Fax:

Email:

Account #:

 
DECLARATIONS

1. Are there any outstanding judgments against you?

2. Have you been declared bankrupt in the last 7 years?

3. Have you had a property foreclosed upon or given title or a deed in lieu thereof in the last 7 years?

4. In the last 5 years, have you been a party to any lawsuit?

5. Have you directly or indirectly been obligated on a loan that resulted in foreclosure or transfer of title in lieu of foreclosure or judgment?

6. Are you presently delinquent or in default on any Federal debt or any other loan, mortgage, financial obligation, bond, or loan guarantee?

7. Is any part of the down payment borrowed or a gift?

8. Do you intend to occupy the unit as your primary residence?

9. Are you obligated to pay alimony or child support?

10. Do you or any member of your family have diplomatic status?

11. Has any business you have controlled been the subject of bankruptcy in the last 7 years?

12. Are you a co-maker or endorser on a note?

13. Have you ever been convicted of a felony or misdemeanor?

If yes, please describe:

 

THE FOREGOING APPLICATION, INCLUDING ALL PERSONAL AND FINANCIAL INFORMATION, HAS BEEN CAREFULLY PREPARED, AND THE UNDERSIGNED HEREBY SOLEMNLY DECLARE(S) AND CERTIFIES THAT ALL THE INFORMATION IS TRUE AND CORRECT AND THAT THE FINANCIAL INFORMATION SUBMITTED IS A TRUE AND ACCURATE STATEMENT OF THE UNDERSIGNED AS OF THE DATE SET FORTH BY EACH SIGNATURE. THE UNDERSIGNED ALSO AGREE(S) THAT IN PROCESSING THIS APPLICATION, THE MANAGING AGENT NAMED HEREIN AND ITS EMPLOYEES AND AGENTS NEITHER BEAR NOR ASSUME ANY RESPONSIBILITY WHATSOEVER FOR THE VERIFICATION OR COMPLETENESS OF THE INFORMATION CONTAINED HEREIN. IN ADDITION, THE UNDERSIGNED HEREBY AUTHORIZE(S) THE MANAGING AGENT AND THE CONDOMINIUM ASSOCIATION TO SHARE SUCH PORTIONS OF THE APPLICATION AS THEY MAY REASONABLY BELIEVE NECESSARY TO FULFILL THE PURPOSES OF THIS APPLICATION WITH ANY OTHER PARTIES, AND FURTHER AGREE TO HOLD THE MANAGING AGENT, ITS EMPLOYEES AND AGENTS HARMLESS FROM ANY ERROR OR OMISSION IN THE TRANSFER OF THE INFORMATION OR THE DISTRIBUTION OF SUCH INFORMATION TO THIRD PARTIES.

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Discrimination is prohibited in Board admissions procedures under the following laws:

The Federal Fair Housing Act
The Civil Rights Act
The New York State and New York City Human Rights Laws

The New York City Human Rights Law provides that it is unlawful to refuse to sell, rent, lease, approve the sale, rental or lease or otherwise deny a housing accommodation based on actual or perceived race, creed, color, national origin, gender (including gender identity), age, disability, sexual orientation, marital status, partnership status, lawful source of income, alienage or citizenship status or because children are, may be, or would be residing in the accommodation. Where a housing accommodation or an interest is sought or occupied exclusively for residential purposes, the provisions shall be construed to prohibit discrimination in the sale, rental, or leasing of such housing accommodation or interest on account of a persons occupation. Complaints may be filed within one year of an unlawful discriminatory act at the Law Enforcement Bureau of the Citys Commission on Human Rights.

The New York State Human Rights Law provides that it is unlawful to refuse to sell, rent, lease or otherwise deny a housing accommodation on the basis of race, creed, color, national origin, sex, age, disability, sexual orientation, military status, marital status, or familial status. Complaints may be filed within one year of an unlawful discriminatory act to the New York State Division of Human Rights or within three years of an unlawful discriminatory act in State Court. Complaints may not be filed with both the Division and the Court.

The Federal Fair Housing Act prohibits discrimination in housing practices on the basis of race, color, religion, sex, handicap, familial status, or national origin. Individuals who believe they have been victims of an illegal housing practice may file a complaint within one year of the unlawful discriminatory act with the Department of Housing and Urban Development (HUD) or file their own lawsuit in federal or state court. The Department of Justice brings suit on behalf of individuals based on referrals from HUD.

The Civil Rights Act provides that all citizens of the United States shall have the same right to inherit, purchase, lease, sell, hold, and convey real and personal property. The law concerns the rights of all persons to make and enforce contracts, to sue, be parties, give evidence, and to the full and equal benefit of all laws and proceedings for the security of persons and property. Complaints may be filed with the Office for Civil Rights.