Prepared by: Realtor Acknowledgement: Rev. 12/28/2017 Page 0

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1 Cryder Point Owners Corp. Debt to Income Ratio Calculator Monthly Income All combined salaries/wages Bonus and overtime Social Security Military Pay Pension / Retirement Income Bank and Investment Interest Alimony / Child Support Rental Income Unemployment Royalties Business Income (Draw) Other Income Other Income Total Monthly Income Amount Outstanding Debt Payments (Monthly) Co-op Loan Co-op Maintenance Co-op Assessment Credit Card Payments Car Payments Student Loans Bank/Credit Union/Loan Payments Past due taxes Child support / alimony Other debt payments Other debt payments Other debt payments Other debt payments Total Monthly Payments Amount Debt to Income Ratio Calculation Total Monthly Debt Payments divided by Total Monthly Income equals Debt to Income Ratio Prepared by: Realtor Acknowledgement: For office use only Credit Score DTI Rev. 12/28/2017 Page 0

2 CRYDER POINT OWNERS CORP. RESALE PACKAGE (TO BE COMPLETED BY PROSPECTIVE PURCHASERS) For contracts signed on or after January 1 st, 2018 Bldg.# Apt.# Dear Shareholder and Prospective Purchaser: The Board of Directors of Cryder Point Owners Corp. has established policies, procedures, and financial criteria for the resale of apartments in the cooperative. No sale may occur without first obtaining approval from the Board of Directors. All apartments must be inspected by Management prior to sale. POLICIES AND FINANCIAL CRITERIA Prospective purchasers cannot finance more than 80% of purchase price. (Down Payment cannot be lower than 20% of the purchase price.) No Guarantors or Co-signers accepted. All applicants, including those paying cash for the entire purchase price, will be subject to a debt-to-income ratio check to ensure their ability to upkeep the apartment. The debt-to-income ratio is defined, but not limited to, debt service (including maintenance, loan payments, credit card debt, alimony, child support, etc.) over total income. A maximum debt service ratio of 32% of income is permissible. The Board of Directors reserves the right to make exceptions to this requirement at its sole discretion. All prospective purchasers must reside in the apartment. Prospective purchasers and all proposed occupants over the age of twelve (12) must be interviewed by members of the Interview Committee. All renovations are subject to the approval of Management. Before you can begin alterations to the apartment, you must submit an Alteration Agreement to the Management Office. Under no circumstances can renovations begin until Management has given the purchaser a letter of approval on behalf of the corporation, and the apartment shares have been transferred. The shareholder must supply all documents required in the Alteration Agreement before the Rev. 12/28/2017 Page 1

3 renovation can be approved. No permission is required for painting, floor scraping or cleaning; however, a Certificate of Insurance is required for all contractors. All apartments are required to be inspected by the resident manager before closing. If any alterations were performed on the apartment being purchased, all responsibility for such work that is imposed upon the Seller shall be assumed by the Purchaser. Purchaser must submit one (1) original and two (2) collated copies (total of 3 sets) of the attached Purchase Application Package. The Purchase Application AND all fees must be submitted to: Cryder Point Owners Corp Powells Cove Blvd. Beechhurst, NY Rev. 12/28/2017 Page 2

4 PURCHASE APPLICATION The following documents are to be included in each package. All information must be collated and in proper form. 1. Purchase Application for Cooperative - must be completed and signed by the Purchaser(s). If a question does not apply, please answer N/A in the space provided. 2. Financial Statement (Net Worth) must be completed and signed by the Purchaser(s). All information listed should have documentation. Fill out a separate form for each Purchaser, except for dependent children or married couples filing jointly. 3. Contract of Sale (copy) fully executed by Seller(s) and Purchaser(s). 4. Bank Loan Commitment letter (copy), if financing Original Bank Recognition Agreements signed by the Bank Officer and Purchaser(s), if financing. 6. Federal Tax Returns (copies) PLUS all supporting documentation (W2 Forms, 1099 Forms, 1099R forms for pensions and IRAs etc.) for the last and current year (2 years) for each Purchaser, except for dependent children and married couples filing jointly. Each return must be signed and dated by the person(s) whose Social Security number is listed on the return. If self-employed, business and individual returns must be submitted as outlined above. 7. Letter from previous landlord if applicable, letter must state the length of stay, the names of all who resided at that address, and payment history. 8. Employment verification letter from each Purchaser s employer stating the length of employment, the Purchaser s position and the annual salary, including commissions and bonus earned. Also include the latest four (4) pay stubs for Purchaser(s). If self- employed, income must be verified by Accountant s certification and a business financial statement from your Accountant is required. Two years business or corporation tax returns should be submitted (see #6 above). If retired, the Social Security Award letter and/or Pension Award letter should be included. Tax forms 1099, 1099R and 1098 must be included with your tax returns (see #6 above.) 9. Two (2) personal reference letters for each Purchaser, a letter indicating relationship to Purchaser(s) and length of time known. Rev. 12/28/2017 Page 3

5 10. Documented history for sources of funds from Section 2, Financial Statement - Purchaser must provide at least three (3) months of documented history for the source of all funds (bank statements, IRA, CD, Savings, and any other assets disclosed in Section 2). If assets include a gift, the giver must provide documentation for the three (3) months history of the gift, plus a signed, notarized letter stating that the funds were gifts. The giver s name and address must be provided and be on all documentation. 11. Acknowledgement for Parking to be completed and signed by the Purchaser. 12. Window Guard Questionnaire to be completed and signed by the purchaser. 13. Move-in/Move-out Security Deposit Agreement to be signed by both the Seller(s) and prospective Purchaser(s). 14. Authorization for Credit Agency to be completed and signed by all prospective Purchaser(s). Two Purchasers are included on each form. 15. Release of Information Authorization to be completed by all prospective Purchaser(s). Two Purchasers are included on each form. Authorizes obtaining a criminal, sex offender and landlord/tenant court record. 16. Nameplate Request & Key Approval to be completed and signed by Purchaser(s). 17. Acknowledgement of House Rules to be signed by prospective Purchaser(s). 18. Building Information Sheet to be signed by prospective Purchaser(s). 19. Lead Disclosure Statement to be completed and signed and the appropriate line initialed by the Seller, Purchaser and Agent. The Board of Directors reserves the right to request additional information. If purchaser has recently moved to the United States, requirements will be adjusted for filings in previous country of residence. Rev. 12/28/2017 Page 4

6 FEES All checks must be in the form of Money Order or Bank Certified checks NO EXCEPTIONS. All fees must accompany the Purchase Application. 1. A Non-refundable Application Fee in the amount of $250 made payable to Cryder Point Owners Corp. 2. A Non-refundable Processing Fee in the amount of $300 made payable to Cryder Point Owners Corp. 3. A Non-refundable Credit Report Fee in the amount of $100 PER APPLICANT made payable to Cryder Point Owners Corp. 4. A Refundable Move-Out Deposit from the Seller in the amount of $750 made payable to Cryder Point Owners Corp. 5. A Non-refundable Move-Out Fee from the Seller in the amount of $750 made payable to Cryder Point Owners Corp. 6. A Refundable Move-In Deposit from the Buyer in the amount of $1,000 made payable to Cryder Point Owners Corp. 7. A Non-refundable Move-In Fee from the Buyer in the amount of $1,000 made payable to Cryder Point Owners Corp. 8. A Non-refundable Reserve Fund Fee from the Buyer in the amount of $2,000 made payable to Cryder Point Owners Corp. 9. Where applicable, a Non-refundable Car Registration Fee from the Buyer in the amount of $100 made payable to Cryder Point Owners Corp. Rev. 12/28/2017 Page 5

7 TIMELINE If you are concerned about the receipt of the package, please use a method of return receipt via USPS, Fed Ex, messenger service or hand delivery. All incomplete packages will be returned to sender. Submission of an incomplete package may extend the processing period. If there is a problem with the application submitted, you will be notified. Please allocate 2 months for complete processing of your application. Upon receipt of ALL of the requested documents, letters and fees, the documents will be previewed. After resolution of any outstanding issues, an interview meeting will be conducted by the Board s Interview Committee. All prospective occupants, adults and children 12 years of age and older, must be present for the interview with photo identification. The Purchaser(s) will be advised of the Board s decision through the Management Office after the next meeting of the Board of Directors has taken place (generally the third week of the month.) Please refrain from calling the Management Office for an update during the processing period. When an update is ready, we will contact your point person, which we recommend should be your Real Estate Broker, or in the absence of a Broker, your Attorney. Please advise all parties involved and provide them with the Broker s and/or Attorney s contact information. Only the primary contact will be called/ ed. Please provide primary contact s , telephone or business card below. Name: Position: Telephone: Rev. 12/28/2017 Page 6

8 CLOSING The Purchaser s attorney should be instructed to contact Goldstein & Greenlaw, LLP, at (718) to schedule the closing. If the Seller(s) has a mortgage on this apartment, a representative of that mortgagee must attend the closing, bringing the Proprietary Lease and Stock Certificate. The mortgage payoff should be ordered by the Seller from their bank when the Purchaser(s) is approved, to allow enough time prior to closing. Payment of maintenance charges and/or any additional charges or assessments through the end of the month in which the closing takes place (if not yet paid) is due from the Seller. The Seller(s) shall provide at closing a certification of maintenance charges, which indicates the status of the Seller/Shareholder s account. Such certification can be obtained from the Management Office. If the closing takes place after the 15 th of the month, the Purchaser must pay at closing the following month s maintenance charges and any assessment where applicable. The following legal fees are due to the co-op attorney. All checks should be made payable to Goldstein & Greenlaw, LLP: $800 Legal closing fee (Seller); $900 for an estate $200 Legal closing fee (buyer) $350 Financing service Fee (Purchaser) $225 Power of Attorney fee (Seller or Purchaser) where applicable $475 Affidavit of Lost Stock/ Lease and related docs (Seller) where applicable $250 Closing cancellation fee (Seller or Purchaser) if cancelled within 48 hours. The following documents and items must be surrendered by the Seller or Mortgagee at closing: o Proprietary Lease (to be surrendered to Purchaser(s) o Stock Certificate in the name of Seller(s) o Keys to the lobby, apartment door and mailbox lock. Any questions with respect to the items on this list or any requirements for the resale of the apartment should be addressed to the Administrative Manager of Cryder Point at Rev. 12/28/2017 Page 7

9 CRYDER POINT OWNERS CORP. IMPORTANT INFORMATION REGARDING YOUR SOCIAL SECURITY NUMBER PROTECTING YOUR PRIVACY In order to protect your privacy, please remove/blackout your social security number from each financial institution document inserted into the application. Financial condition (net worth) Tax returns Personal Loans Bank statements o IRAs o CDs o Savings The Credit Agency Authorization Form and the Release of Information Authorization Form in the application are the only forms that require your Social Security number. Only send 1 Credit Agency Authorization Form and Release of Information Authorization Form to our office with your original application. Do not make or send additional copies of these forms. Please contact the Management Office with any questions. Rev. 12/28/2017 Page 8

10 CRYDER POINT OWNERS CORP. PURCHASE APPLICATION Cryder Point Owners Corp Powells Cove Blvd. Beechhurst, NY Rev. 12/28/2017 Page 9

11 TABLE OF CONTENTS PURCHASE APPLICATION Purchase Application for Cooperative Section 1 Page 11 Financial Condition (Net Worth) Section 2 Page 17 Contract of Sale Section 3 Page 21 Financing Information Section 4 Page 22 Federal Tax Returns Section 5 Page 23 Letter from Previous Landlord Section 6 Page 24 Letter from Employer Section 7 Page 25 Personal Reference Letters Section 8 Page 26 Substantiating Documentation Section 9 Page 27 ACKNOWLEDGMENTS & AUTHORIZATIONS Acknowledgment for Parking Section 10 Page 28 Window Guard Questionnaire Section 11 Page 30 Move-In/ Move-Out Security Deposit Form Section 12 Page 32 Credit Agency Authorization Section 13 Page 36 Release of Information Authorization Section 14 Page 39 Nameplate Request & Key Approval Section 15 Page 42 Acknowledgment of House Rules Section 16 Page 44 Building Informational Sheet Section 17 Page 46 Lead Disclosure Statement Section 18 Page 49 Rev. 12/28/2017 Page 10

12 SECTION 1 PURCHASE APPLICATION FOR COOPERATIVE Rev. 12/28/2017 Page 11

13 Cryder Point Owners Corp Powells Cove Blvd. Beechhurst, NY PURCHASE APPLICATION FOR COOPERATIVE Purchaser 1 Name: Purchaser 2 Name: Purchaser s Attorney: Purchaser 3 Name: Purchaser 4 Name: Telephone: Attorney s Firm: Attorney s Address: Building: Apartment No.: Number of Shares: Monthly Maintenance: $ Purchase Price:$ Name on stock certificate and other documents: Financing: No Yes Amount: $ Bank: Broker: Broker s Company: Broker s Address: Broker s Telephone: Seller 1 Name: Seller 2 Name: Seller 3 Name: Seller s Forwarding Address: Seller 4 Name: Seller s Telephone: Rev. 12/28/2017 Page 12

14 Seller s Attorney: Attorney s Telephone: Attorney s Firm: Attorney s Address: Anticipated Closing Date: Anticipated Date of Possession: Information Regarding Purchaser(s) Purchaser(s): Home Address: Telephone: Length of Occupancy: Rent $: Employer s Company Name: Employer s Address: Telephone: Supervisor: Salary Per Annum:$ Spouse/Co-Applicant Name: Employer s Company Name: Commission & Bonus:$ Telephone: Supervisor: Employer s Address: Salary Per Annum:$ Name of all persons and relationships who will reside in apartment, and if children, state age. Name: Name: Name: Name: Commission & Bonus:$ Relationship: Relationship: Relationship: Relationship: Name of all residents in the building Rev. 12/28/2017 Page 13

15 known by applicant. Name: Name: Does applicant wish to maintain pets? Yes No Specify pet if yes: Does applicant plan alterations to apartment? Yes No Name: Name: If dog, please specify, breed and weight: If yes, please specify: LANDLORD REFERENCES: Present Landlord or Agent: Address: Telephone: Previous Landlord or Agent Address: Previous residence address: Approximate length of occupancy: Rev. 12/28/2017 Page 14

16 Information Regarding Purchaser(s) FINANCIAL REFERENCES Please list first the financial institution, type of account (savings, checking, money market, etc.) and account number with the most assets. (No charge cards please.) 1. Financial Institution: Address: Type of Account: Account Number: 2. Financial Institution: Address: Type of Account: Account Number: 3. Financial Institution: Address: Type of Account: Account Number: 4. Financial Institution: Address: Type of Account: Account Number: 5. Certified Public Accountant, if any: Address: 6. For information regarding source(s) of income, contact: Rev. 12/28/2017 Page 15

17 Information Regarding Purchaser(s) BUSINESS PROFESSIONAL REFERENCES: 1.Name: Address: 2.Name: Address: 3.Name: Address: 4.Name: Address: SPECIAL REMARKS: Please give any additional information which may be pertinent or helpful: The undersigned hereby affirms that the information contained in this application is true and accurate to the best of his/her knowledge and belief. Signature of Purchase Applicant 1: Signature of Purchase Applicant 2: Signature of Purchase Applicant 3: Signature of Purchase Applicant 4: Rev. 12/28/2017 Page 16

18 SECTION 2 FINANCIAL STATEMENT (NET WORTH) Fill out a separate form for each Purchaser, except for dependent children or married couples filing jointly Rev. 12/28/2017 Page 17

19 FINANCIAL STATEMENT Please note that all information listed here should have documentation. Name: Address: For the purposes of procuring credit from the above named company, or its assigns, the following is submitted as being a true and accurate statement of the financial condition of the undersigned on the day of, 20. Fill all blanks, writing no or none where necessary to complete information. ASSETS LIABILITIES Cash in Banks: Notes Payable (Total Outstanding Balance): To Banks:$ $ To Relatives:$ To Others:$ Savings & Loan Shares: Installment Accounts Payable (Total Outstanding Balance): Automobile:$ Other:$ Earnest Money Deposited: Other Accounts Payable: $ $ Investments: Stocks and Bonds (see Mortgages Payable on Real Estate (see schedule): schedule) Investment in own Business: $ Real Estate owned (see schedule): Automobiles: (Year and Make): Personal property and furniture: $ Life Insurance: Cash Surrender Value: $ Other Assets Itemize: TOTAL ASSETS: $ Unpaid Real Estate taxes: $ Unpaid Income taxes: $ Chattel Mortgages: Loans on Life Insurance Policies (Include Premium Advance): $ Other Debts Itemize: TOTAL LIABILITIES:$ NET WORTH:$ Rev. 12/28/2017 Page 18

20 PURCHASER & SPOUSE SOURCE OF INCOME Base Salary:$ S/E Income:$ Bonus & Commissions:$ Dividends & Interest Income: $ Real Estate Income (Net) $ Spouse Income (specify): Other Income Itemize Total Annual Income:$ CONTINGENT LIABILITIES As Endorser or Co-maker on Notes: Alimony Payments (Annual): Are you a defendant in any legal action? Yes No Are there any unsatisfied judgments? Yes No Have you ever claimed bankruptcy? Yes No If yes, explain GENERAL INFORMATION Personal Bank Accounts carried at: Savings and Loan Account at: Purpose of Loan: SCHEDULE OF STOCKS AND BONDS Amount or No. Shares Description Marketable Actual Market Value Non-Marketable (Unlisted Securities) Estimated Worth Rev. 12/28/2017 Page 19

21 SCHEDULE OF CASH IN BANKS AND BROKERAGE Location Account Balance SCHEDULE OF REAL ESTATE Description & Cost Location Actual Market Value Mortgage: Amount/Maturity SCHEDULE OF NOTES PAYABLE Specify any assets pledged as collateral, indicating the liabilities which they secure. To Whom Payable Date Amount Due Interest Assets Pledged as Security The foregoing statements and details pertaining thereto, both printed and written, have been carefully read and the undersigned hereby solemnly declares and certifies that same is a full and correct exhibit of my/our financial condition. Date: Signature of Purchase Applicant Signature of Spouse/ Co-Applicant Rev. 12/28/2017 Page 20

22 SECTION 3 INSERT CONTRACT OF SALE HERE Rev. 12/28/2017 Page 21

23 SECTION 4 INSERT COMMITMENT LETTER AND OTHER FINANCING INFORMATION HERE Rev. 12/28/2017 Page 22

24 SECTION 5 INSERT LAST TWO YEARS COMPLETE FEDERAL TAX RETURNS WITH W-2 FORMS HERE for each Purchaser, except for dependent children and married couples filing jointly. IF SELF-EMPLOYED, BUSINESS AND INDIVIDUAL RETURNS MUST BE SUBMITTED HERE for each Purchaser, except for dependent children and married couples filing jointly. Rev. 12/28/2017 Page 23

25 SECTION 6 INSERT LETTER FROM PREVIOUS LANDLORD INDICATING LENGTH OF STAY, NAMES OF ALL WHO RESIDED AT THAT ADDRESS, AND CURRENT PAYMENT HISTORY HERE Rev. 12/28/2017 Page 24

26 SECTION 7 INSERT FOR EACH PURCHASER: -LETTER FROM EMPLOYER STATING EMPLOYMENT PERIOD AND CURRENT SALARY - COPY OF PAY STUBS HERE If retired, please submit the following: -Social Security Award Letter -Pension Award letter -Bank Interest Form 1099 and Dividend Form If self-employed, income must be verified by Accountant s certification and a business financial statement from your Accountant is required, as well as two years business or corporation tax returns should be submitted. Rev. 12/28/2017 Page 25

27 SECTION 8 INSERT TWO (2) PERSONAL REFERENCE LETTERS HERE for each Purchaser or couple Rev. 12/28/2017 Page 26

28 SECTION 9 INSERT SUBSTANTIATING DOCUMENTATION SUCH AS BANK STATEMENT, IRA, CD, SAVINGS, AND ANY OTHER ASSETS DISCLOSED IN SECTION 2 FINANCIAL STATEMENT FORM HERE (Last 3 months of each statement, if applicable) for each Purchaser, except for dependent children and married couples filing jointly. Rev. 12/28/2017 Page 27

29 ACKNOWLEDGMENTS & AUTHORIZATIONS SECTION 10 ACKNOWLEDGMENT FOR PARKING Rev. 12/28/2017 Page 28

30 ACKNOWLEDGMENT FOR PARKING If there is a Parking Space rendered to the Seller of the apartment, be advised that this parking space is not included with the sale of the apartment. The parking space will be turned over to the Shareholder Pool for the next shareholder on the waiting list. Your name is added to the list only after closing. Please indicate by your signature below that the above is fully understood and agreed upon by the Purchaser. Parking space is requested? Yes No Signature of Purchaser 1: Signature of Purchaser 2: Signature of Purchaser 3: Signature of Purchaser 4: Name of Seller(s) Parking Space Number: Rev. 12/28/2017 Page 29

31 SECTION 11 WINDOW GUARD QUESTIONNAIRE Rev. 12/28/2017 Page 30

32 THE CITY OF NEW YORK DEPARTMENT OF HEALTH AND MENTAL HYGIENE Michael R. Bloomberg Mayor Thomas R. Frieden, MD, MPH Commissioner WINDOW GUARDS REQUIRED Lease Notice to Tenant You are required by law to have window guards installed in all windows if a child 10 years of age or younger lives in your apartment. appendix A Your landlord is required by law to install window guards in your apartment: if a child 10 years of age or younger lives in your apartment, OR if you ask him to install window guards at any time (you need not give a reason). It is a violation of law to refuse, interfere with installation, or remove window guards where required. CHECK ONE CHILDREN 10 YEARS OF AGE OR YOUNGER LIVE IN MY APARTMENT NO CHILDREN 10 YEARS OF AGE OR YOUNGER LIVE IN MY APARTMENT I WANT WINDOW GUARDS EVEN THOUGH I HAVE NO CHILDREN 10 YEARS OF AGE OR YOUNGER Tenant (Print) Tenant s Signature: Date Tenant s Address Apt No. RETURN THIS FORM TO: Owner/Manager Owner/Manager s Address For Further Information Call: Window Falls Prevention (212) WF-013 (Rev. 11/02)

33 SECTION 12 MOVE- IN / MOVE- OUT SECURITY DEPOSIT FORM Rev. 12/28/2017 Page 32

34 MOVE-IN / MOVE-OUT AGREEMENT The undersigned hereby agree to comply with the provisions of the Rules and Regulations of the Cryder Point Owners Corp. in the delivery (Move-In) or the removal (Move-Out) of furniture, furnishings, and personal property from the apartment identified below. In addition, the undersigned agrees to the following policy and procedures established by the Board of Directors: 1. The payment of the following fees at the time of scheduling and in advance of the Move-In: a. By certified check, bank check, or money order, the amount of Seven Hundred Fifty Dollars ($1,000) payable to Cryder Point Owners Corp., as a non-refundable movein fee. b. By certified check, bank check, or money order, the amount of Seven Hundred Fifty Dollars ($1,000) payable to Cryder Point Owners Corp., as a Security Deposit/Carpet Deposit, which shall be refunded to the undersigned, subject to the condition as hereafter provided. 2. For a Move-Out: A shareholder who is the prospective seller or sublessor of an apartment must pay the following fee before the Board will conduct its interview for the sale or sublease of an apartment: a. By certified check, bank check, or money order, the amount of Seven Hundred Fifty Dollars ($750) payable to Cryder Point Owners Corp., as a non-refundable Moveout fee. b. By certified check, bank check or money order, the amount of Seven Hundred Fifty Dollars ($750) payable to Cryder Point Owners Corp., as a Security Deposit / Carpet Deposit, which shall be refunded to the undersigned, subject to the condition as hereafter provided. 3. The date of the Move-In or Move-Out from the apartment must be scheduled with the Superintendent s Office ( ) one week in advance. It is understood that the total amount of the Security Deposit shall be forfeited if the resident fails to do the following: a. Schedule the Move-In or Move-Out of property with the Superintendent s Office (or arranges for the delivery or removal of property from the apartment at other than the time scheduled). b. Have the Approval-Inspection letter signed by the Superintendent on the scheduled day of Move-In / Move-Out, and return such signed Approval-Inspection letter to the Cryder Point on-site Management Office. c. Moving in / out of the building must be done on weekdays ONLY between the hours of 9:00 A.M. and 4:30 P.M. If Move In/Out is not completed by 4:30 P.M., you will be responsible for the cost of any overtime expense incurred by the building employee(s). 4. Any carrier engaged for the delivery or removal of property shall be advised to comply with the instructions of the Building Staff assigned for the monitoring and supervision of the Move-In or Move-Out. Rev. 12/28/2017 Page 33

35 5. In addition, a Certificate of Insurance from your moving company for Workmen s Compensation and Public Liability Insurance in the amount of $500,000 property damage and $500,000/$1,000,000 bodily injury must be provided to the Managing Agent. This certificate must name Cryder Point Owners Corp. Upon submission of this certificate, building Superintendent will advise the moving company with proper service entrance for Move-In/Out. 6. The undersigned shall be responsible for damages caused in the common elements of the Cryder Point Owners during the process of the Move-In or Move-Out. 7. The cost for repairs and replacements for damages to the common elements caused by and during the Move-in or Move-out shall be deducted from the amount of the Security Deposit. The amount of the cost for any repairs and replacements resulting from the damages attributed to the Move-in or Move-out from the apartment shall be the sole determination of the Managing Agent which shall be based upon prevailing costs for similar repairs and replacements. 8. It is understood that the Cryder Point Owners Corp. shall return to the undersigned the full amount of the Security Deposit within thirty (30) days of the date of the Move, or the net amount of the Security Deposit after deducting the amount of the cost of repairs and replacements, if any, within thirty (30) days after the date of determination and of the cost thereof. In the event of a Move-Out the refund should be sent to the forwarding address indicated below. 9. It is further understood that the amount due or payable to the undersigned from the SECURITY DEPOSIT may not be assigned to another party. Agreed: Date of Move: Apt. No.: Name of Shareholder 1: Signature of Shareholder 1: Date: Name of Shareholder 2: Signature of Shareholder 2: Date: Name of Shareholder3 : Signature of Shareholder 3: Date: Rev. 12/28/2017 Page 34

36 Name of Purchaser 1: Signature of Purchaser 1 : Date: Name of Purchaser 2: Signature of Purchaser 2: Date: Name of Purchaser 3: Signature of Purchaser 3: Date: Name of Purchaser 4: Signature of Purchaser 4: Date: Forwarding address for return of Move-Out Deposit. (Please print name and address clearly.) If the unit is currently vacant and a Move-Out Deposit is not required, please indicate N/A below. Cell phone Number: address (Print): Rev. 12/28/2017 Page 35

37 SECTION 13 AUTHORIZATION FOR CREDIT AGENCY All Purchasers must complete form (2 Purchasers on each page) Rev. 12/28/2017 Page 36

38 CRYDER POINT OWNERS CORP , & Powells Cove Blvd. Beechhurst, NY CREDIT AGENCY AUTHORIZATION Authorization for TENANTS DATA VERIFICATION CO., INC. to obtain a credit report. In order to comply with the provisions of 15 U.S.C. Section 1681(d) of the Federal Fair Credit Report Act, I (we) authorize you to retain TENANT DATA VERIFICATION CO., INC. which agency may obtain, prepare and furnish an investigative consumer report including information on my character and general reputation, personal characteristics and mode of living, whichever are applicable, as well as information regarding employment, credit and current financial position. If this is a lease application, I (we) further authorize Cryder Point Owners Corp., at its discretion, to make a copy of such credit report available to the owner of the unit which I (we) propose to lease. Receipt is acknowledged to the summary of rights enclosed herewith. Applicant/Purchaser 1(Print name) Address: Social Security # Date: Signature Applicant/Purchaser Applicant/Purchaser 2(Print name) Address: Social Security # Date: Signature Applicant/Purchaser 2 Rev. 12/28/2017 Page 37

39 CRYDER POINT OWNERS CORP , & Powells Cove Blvd. Beechhurst, NY CREDIT AGENCY AUTHORIZATION Authorization for TENANTS DATA VERIFICATION CO., INC. to obtain a credit report. In order to comply with the provisions of 15 U.S.C. Section 1681(d) of the Federal Fair Credit Report Act, I (we) authorize you to retain TENANT DATA VERIFICATION CO., INC. which agency may obtain, prepare and furnish an investigative consumer report including information on my character and general reputation, personal characteristics and mode of living, whichever are applicable, as well as information regarding employment, credit and current financial position. If this is a lease application, I (we) further authorize Cryder Point Owners Corp., at its discretion, to make a copy of such credit report available to the owner of the unit which I (we) propose to lease. Receipt is acknowledged to the summary of rights enclosed herewith. Applicant/Purchaser 3(Print name) Address: Social Security # Date: Signature Applicant/Purchaser Applicant/Purchaser 4(Print name) Address: Social Security # Date: Signature Applicant/Purchaser 4 Rev. 12/28/2017 Page 38

40 SECTION 14 RELEASE OF INFORMATION AUTHORIZATION All Purchasers must complete form 2 Purchasers on each page Rev. 12/28/2017 Page 39

41 RELEASE OF INFORMATION AUTHORIZATION AUTHORIZATION TO OBTAIN A CRIMINAL, SEX OFFENDER, AND LANDLORD/TENANT COURT RECORD I hereby authorize any individual, company, or institution to release to Cryder Point Owners Corp. and or its representative any and all information that they have concerning any landlord/tenant court records. I hereby release the individual, company, or institution and all individuals connected therewith from all liability for any damage whatsoever incurred in furnishing such information. Purchaser 1 Name: Purchaser 1 Signature: Social Security#: Date of Birth: Address: City: State: Zip Code Date: Purchaser 2 Name: Purchaser 2 Signature: Social Security#: Date of Birth: Address: City: State: Zip Code Date: Rev. 12/28/2017 Page 40

42 RELEASE OF INFORMATION AUTHORIZATION AUTHORIZATION TO OBTAIN A CRIMINAL, SEX OFFENDER, AND LANDLORD/TENANT COURT RECORD I hereby authorize any individual, company, or institution to release to Cryder Point Owners Corp. and or its representative any and all information that they have concerning any landlord/tenant court records. I hereby release the individual, company, or institution and all individuals connected therewith from all liability for any damage whatsoever incurred in furnishing such information. Purchaser 3 Name: Purchaser 3 Signature: Social Security#: Date of Birth: Address: City: State: Zip Code Date: Purchaser 4 Name: Purchaser 4 Signature: Social Security#: Date of Birth: Address: City: State: Zip Code Date: Rev. 12/28/2017 Page 41

43 SECTION 15 NAMEPLATE REQUEST & KEY APPROVAL Rev. 12/28/2017 Page 42

44 NAME PLATE REQUEST & KEY APPROVAL Please complete the information requested on the form and acknowledge that you will supply the Superintendent with a set of keys upon moving into your apartment. Apt. No. Name on Mailbox: Name(s) on Directory: Intercom Code Number: address: Home telephone: Mobil phone: Additional phone #s I (we) acknowledge that a set of keys to the apartment must be given to the Superintendent upon Move-In. Purchaser 1 Signature: Date: Purchaser 2 Signature: Date: Purchaser 3 Signature: Date: Purchaser 4 Signature: Date: Rev. 12/28/2017 Page 43

45 SECTION 16 ACKNOWLEDGMENT OF HOUSE RULES Rev. 12/28/2017 Page 44

46 ACKNOWLEDGMENT OF HOUSE RULES Cryder Point Owners Corp Powells Cove Blvd. Beechhurst, NY By signing below, I (we) acknowledge receipt of the Cryder Point Owners Corp. House Rules and also acknowledge and accept the policy that DOGS ARE ALLOWED WITH APPROPRIATE REGISTRATION ONLY at the Cryder Point Owners Corp. Please review the attached Cryder Point Owners Corporation Pet Policy. Building/Apt. No.: Name of Purchaser 1: Signature of Purchaser 1: Name of Purchaser 2: Signature of Purchaser 2: Name of Purchaser 3: Signature of Purchaser 3: Name of Purchaser 4: Signature of Purchaser 4: Date: Rev. 12/28/2017 Page 45

47 SECTION 17 BUILDING INFORMATION SHEET Rev. 12/28/2017 Page 46

48 BUILDING INFORMATION SHEET FACTS YOU SHOULD KNOW ABOUT CRYDER POINT BEFORE CLOSING I hereby acknowledge that the following Cryder Point Policies have been explained to me: PARKING Parking spaces are assigned by Cryder Point. Once you have closed, it is your responsibility to apply to the Cooperative Corporation for a parking space. The space will be assigned according to availability. Cryder Point makes no representation as to a specific space or when space will be available. Initial 1: Initial 2: Initial 3: Initial 4: WASHERS & DRYERS Washers and Dryers are not permitted to be installed in apartments. Initial 1: Initial 2: Initial 3: Initial 4: INTERIOR RENOVATION AND/OR ALTERATIONS An Alteration Agreement, which will be submitted to the Board for their approval, must be obtained from the Management Office prior to commencement of any alteration work. Initial 1: Initial 2: Initial 3: Initial 4: MOVE IN/OUT POLICY Prior to any moves, arrangements must be made through the Cryder Point Management Office and the Move In/Out agreement must be signed. In addition, Management and Superintendent will determine where moving vans shall be parked for on or off loading Initial 1: Initial 2: Initial 3: Initial 4: Rev. 12/28/2017 Page 47

49 DOG POLICY It is the policy of Cryder Point Owners Corp. to allow dogs. All dogs MUST be registered with Cryder Point Management Office. Initial 1: Initial 2: Initial 3: Initial 4: FLOORS 80% of the floor area must be covered with rugs, carpeting, or soundproof materials. Initial 1: Initial 2: Initial 3: Initial 4: We (I) have been given a copy of the Cryder Point Owners Corp. Procedural Manual. Further, I understand that is an independent Real Estate Broker. The Broker is not affiliated with and does not represent Cryder Point Owners Corp. Name of Purchaser 1: Signature of Purchaser 1: Name of Purchaser 2: Signature of Purchaser 2: Name of Purchaser 3: Signature of Purchaser 3: Name of Purchaser 4: Signature of Purchaser 4: Date: Rev. 12/28/2017 Page 48

50 SECTION 18 LEAD DISCLOSURE STATEMENT Rev. 12/28/2017 Page 49

51 Disclosure of Information on Lead-Based Paint and/or Lead-Based Paint Hazards Lead Warning Statement Housing built before 1978 may contain lead-based paint. Lead from paint, paint chips, and dust can pose health hazards if not managed properly. Lead exposure is especially harmful to young children and pregnant women. Before renting pre-1978 housing, lessors must disclose the presence of known lead-based paint and/or lead-based paint hazards in the dwelling. Lessees must also receive a federally approved pamphlet on lead poisoning prevention. Lessor s Disclosure (a) Presence of lead-based paint and/or lead-based paint hazards (check (i) or (ii) below): (i) Known lead-based paint and/or lead-based paint hazards are present in the housing (explain). (ii) Lessor has no knowledge of lead-based paint and/or lead-based paint hazards in the housing. (b) Records and reports available to the lessor (check (i) or (ii) below): (i) Lessor has provided the lessee with all available records and reports pertaining to lead-based paint and/or lead-based paint hazards in the housing (list documents below). (ii) Lessor has no reports or records pertaining to lead-based paint and/or lead-based paint hazards in the housing. Lessee s Acknowledgment (initial) (c) Lessee has received copies of all information listed above. (d) Lessee has received the pamphlet Protect Your Family from Lead in Your Home. Agent s Acknowledgment (initial) (e) Agent has informed the lessor of the lessor s obligations under 42 U.S.C. 4852d and is aware of his/her responsibility to ensure compliance. Certification of Accuracy The following parties have reviewed the information above and certify, to the best of their knowledge, that the information they have provided is true and accurate. Lessor Date Lessor Date Lessee Date Lessee Date Agent Date Agent Date

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