Request Mortgage Information

Mortgage Information

Policy Number: No. [x]

Date of Inception: [Month, YYYY]

Date of Last Update: [Month, YYYY]

Date of Next Review: [Month, YYYY]

Objective:

Maintain up-to-date information on unit mortgages.

Background:

Management is required to provide current mortgage information for all units under certain circumstances, such as when revision the CCR. [quote CCR?]

Policy:

Request mortgage information from new owners/residents, consisting of the name of the mortgage holder, their contact information, the account number, and the owner's insurance information.

Periodically request all owners to update their on-file mortgage information, especially when refinancing.

Procedure:

[copy of letter requesting information]