5683 Riverdale Avenue, Suite 203 | Riverdale, NY 10471
Office: (718) 796-5022 Fax: (718) 796-5026
www.gmcrealty.com
3616 HENRY HUDSON PARKWAY OWNERS CORP.
Procedures and Requirements for the Sale of Cooperative Apartments
Dear Prospective Purchaser,
In response to your request for approval from the Board of Directors of 3616 Henry Hudson Parkway Owners
Corp. for the proposed resale of a cooperative apartment, please be advised that the Board of Directors require
applicants to provide certain personal and financial information for their consideration.
Enclosed please find a Purchase Application and a Financial Statement to be completed, signed and notarized by
the prospective purchaser. These papers must be submitted to GOODMAN MANAGEMENT along with the
following documents:
1.
2.
3.
4.
5.
6.
7.
8.
9.
10.
11.
12.
13.
14.
15.
16.
17.
18.
Two (2) bank reference letters;
Two (2) personal reference letters;
Two (2) business reference letters;
Reference Letter from present Landlord or Managing Agent;
Employment Verification Letter stating position, salary, and length of employment.
Copies of records, statements, or agreements to support your financial statement;
Copies of federal tax returns for the past two (2) years, including W-2 forms;
House Rules Acknowledgement letter (enclosed);
Emergency Contact form (enclosed);
A copy of the executed Contract of Sale;
If there is to be financing, a commitment letter and recognition agreement from the bank;
A copy of a homeowner’s insurance policy to be transferred upon closing. If the applicant does not
currently have a homeowner’s policy, the applicant should include a signed statement to the Board
indicating that upon approval and closing, homeowner’s insurance will be obtained;
Completed Purchase Application- Part II (enclosed);
Move In/Out authorization form (enclosed);
Pet Rider (enclosed);
Special Requirement regarding Extermination (enclosed);
Window Guard form (enclosed);
Bedbug Disclosure form (enclosed).
Fees to be submitted with the application
Bank Certified checks or money orders for processing fee payable to: Goodman Management Co., Inc., in the
amount of $450.00 per person unless it is a married couple. Please note these fees are non refundable.
Bank Certified checks or money orders for move in deposit payable to: 3616 Henry Hudson Parkway
Owners Corp. in the amount of $500.00. This fee is refundable if the application is not approved.
Please note: Five (5) copies plus the original (6) of all papers are required by Goodman Management Co.,
Inc. for submission to the Board of the Directors. All papers must be collated into individual sets.
Completed packages should be sent directly to the attention of:
Tarshia Champagne-Drye
Sales and Transfer Department
Goodman Management Co. Inc.
5683 Riverdale Avenue, Suite 203
Riverdale, NY 10471.
Upon submission, all applications packages become the property of the Co-operative. After a complete package is
received and the appropriate references have been verified, it will be submitted to the Board of Directors for
review. Please be advised that the resale process takes approximately four weeks once the Board receives the
completed application. The Board will advise their decision following their next meeting.
Further, please be advised that we cannot process incomplete packages, any omission from the above list will
constitute an incomplete package. To avoid a delay, please make sure that a complete package with all enclosures
and copies is provided.
If you require any additional information or assistance, please contact the undersigned with a phone call to 718796-5022 extension 222. Thank you.
Very truly yours,
GOODMAN MANAGEMENT CO.
As agent for 3616 Henry Hudson Parkway Owners Corp.
Tarshia Champagne
Sales and Sublet Coordinator
Page 3
INSTRUCTIONS
This form should be completed as follows: Part I by the prospective Seller (present tenant). If shares are
presently owned by more than one person, Part I should be signed by each Seller.
Part II by the prospective Purchaser (applicant). A copy of the contract of sale is to be provided by the
Purchaser.
All questions should be answered and the application returned to:
3616 Henry Hudson Parkway Owners Corp.
c/o Goodman Management Co., Inc.
5683 Riverdale Avenue-Suite 203
Riverdale, NY 10463
If the applicant presently resides at 3616 Henry Hudson Parkway and is a tenant-stockholder, the applicant may
omit the answers to question 18-21 inclusive.
PART I
DATE __________________________
TO:
I (We) hereby request the Board of Directors of Corp. to approve an assignment of the proprietary lease for
Apartment No. ____________ at 3616 Henry Hudson Parkway and the sale of _________________ shares to
the applicant named below in Part II. I (We) warrant that the purchase price stated in the contract of sale
provided herewith is the total price being paid in connection with the sale of shares and/or the apartment, its
fixtures, its improvements, and its contents.
______________________________
Seller’s Signature
______________________________
Seller’s Signature
______________________________
Home Telephone Number
Note: The seller must sign this before submitting the application to the management. Otherwise the
application will not be process.
Page 4
PART II
1. Applicant’s Name: __________________________________________________________
2. Date of Birth: ______________________________________________________________
3. Social Security: _____________________________________________________________
4. Home Address: _____________________________________________________________
___________________________________________________________________________
5. Home Telephone Number:
___________________________________________________________________________
6. Name and Address of Employer (provide verification letter from employer):
___________________________________________________________________________
___________________________________________________________________________
7. Business Telephone Number: _________________________________________________
8. Occupation: _______________________________________________________________
9. Co-Applicant’s Name: _______________________________________________________
10. Date of Birth: ______________________________________________________________
11. Social Security: _____________________________________________________________
12. Co-Applicant’s Home Address: _______________________________________________
___________________________________________________________________________
13. Co-Applicant’s Home Telephone Number: ______________________________________
14. Name & Address of Co-Applicant’s Employer (provide verification letter from employer):
___________________________________________________________________________
___________________________________________________________________________
15. Co-Applicant’s Business Telephone Number: ___________________________________
16. Co-Applicant’s Occupation: __________________________________________________
Page 5
17. Estimated Annual Income from Occupation(s):
Applicant:
$__________________________
Co-Applicant:
$__________________________
From all other sources:
$__________________________
Total:
$__________________________
18. Will you live in the apartment as your primary residence? _________________________
19. When will you move in? _____________________________________________________
20. Do you intend to use the apartment to any extent for professional or business purposes?
___________________________________________________________________________
If so, state full details: _______________________________________________________
21. Applicant’s family consists of: (If there are any children, give ages.)
___________________________________________________________________________
22. Please list name, relationship and age of each person who will reside with you in the
apartment:
Name
Relationship
Age
__________________
___________________
____________
__________________
___________________
____________
__________________
___________________
____________
23. Financial References:
List two references – provide documentation:
1.
Name ____________________________________________________________
2.
Address __________________________________________________________
Name ____________________________________________________________
Address __________________________________________________________
Page 6
24. Present Landlord:
Name __________________________________________________________________
Address ________________________________________________________________
Dates of Occupancy:
From: ___________________to_____________________
Rent: __________________________________________________________________
25. Previous Landlord (if at present residence less than five years):
Name __________________________________________________________________
Address ________________________________________________________________
Dates of Occupancy:
From: ___________________to_____________________
Rent: __________________________________________________________________
**Please have landlord reference letter included in package**
26. Personal References:
1.
Name: ___________________________________________________________
Address: _________________________________________________________
2.
Name: ___________________________________________________________
Address: _________________________________________________________
3.
Name: ___________________________________________________________
Address: _________________________________________________________
**Please have reference letters included in package**
27. If you know any persons presently residing at 3616 Henry Hudson Parkway?
Please list their names: ______________________________________________________
___________________________________________________________________________
28. Schools and colleges attended by applicant, co-applicant and members of family.
*List class and degree in each case:
_______________________________________________________________________________________
_______________________________________________________________________________________
___________________________________________________
Page 7
29. Address of all additional residences owned or leased: _____________________________
_______________________________________________________________________________________
_______________________________________________________________
30. Are any pets to be maintained in the apartment?_________________________________
If the answer is yes, indicate number and kind: __________________________________
___________________________________________________________________________
31. List exact name or names in which shares are to be owned and lease to apartment is to be issued:
__________________________________________________________________
__________________________________________________________________________
32. Applicant’s Attorney’s Name: ________________________________________________
33. Real Estate Agent’s Name: ___________________________________________________
Address: __________________________________________________________________
Telephone Number: _________________________________________________________
Real Estate Agent/Broker’s Fee: ______________________________________________
34. Do you intend to do any renovations or make any improvements in the apartment? If so please state
general nature and approximate cost. ______________________________
____________________________________________________________________________________
____________________________________________________________
35. How do you intend to pay for the apartment?
_______________________________________________________________________________________
_______________________________________________________________
36. If you intend to finance part of the purchase price with a loan, please state lender, amount of loan and
monthly payment. _________________________________________
___________________________________________________________________________
37. Are you party to any litigation? If so, please state the circumstances.
__________________________________________________________________________________________
__________________________________________________________________________________________
______________________________________________________
Page 8
38. Have you ever been sued for not paying a bill? If so, state the circumstances.
___________________________________________________________________________
___________________________________________________________________________
39. Are there any tax liens outstanding against you? If so, please state the circumstances.
___________________________________________________________________________
___________________________________________________________________________
40. Are there any other liens outstanding against you? If so, please state the circumstances.
___________________________________________________________________________
___________________________________________________________________________
41. Have you ever been turned down for a loan or a credit card? If so, please explain.
___________________________________________________________________________
___________________________________________________________________________
43. List total estimated monthly payments for apartment for first year (including maintenance, co-op
loan, utilities) and total sources of estimated monthly income.
Estimated Monthly Payments:
___________________________________________________________________________
___________________________________________________________________________
Estimated Monthly Income:
___________________________________________________________________________
___________________________________________________________________________
44. Will you have homeowners insurance as of the date of the closing? __________________
45. Please list amount of life insurance.
Applicant: _______________________ Co-Applicant: _____________________________
46.
Please list weekly benefit of disability insurance.
Applicant: _______________________ Co-Applicant: _____________________________
Page 9
BALANCE SHEET AT THE LAST DAY OF MONTH IMMEDIATELY PRECEEDING
DATE OF APPLICATION
______________________________________________________________________________
ASSETS
1.
CASH
$_________________
2.
CHECKING ACCOUNTS
$_________________
3.
SAVINGS ACCOUNTS, MONEY FUNDS
$_________________
4.
TOTAL CASH, BANKS AND MONEY FUNDS
$_________________
5.
MARKETABLE SECURITIES (furnish cover sheet showing
balance of most recent statement for any major account)
$_________________
6.
LIFE INSURANCE NET CASH VALUE (list below)
$_________________
7.
SUBTOTAL LIQUID ASSETS
$_________________
8.
NON-MARKETABLE SECURITIES (list below)
$_________________
9.
REAL ESTATE OWNED (list below)
$_________________
10.
VESTED INTEREST IN RETIREMENT FUND
$_________________
11.
NET WORTH OF BUSINESS OWNED
$_________________
12.
AUTOMOBILES/PLEASURE BOATS (list below)
$_________________
13.
MARKET VALUE OF FURNITURE &
PERSONAL PROPERTY
$_________________
14.
NOTES RECEIVABLE
$_________________
15.
OTHER ASSETS (explain below)
$_________________
16.
TOTAL ASSETS (explain below)
$_________________
**Please number explanatory material to correspond to numbers on this statement under the notes
section**
Page 10
BALANCE SHEET AT THE LAST DAY OF MONTH IMMEDIATELY PRECEEDING
DATE OF APPLICATION
______________________________________________________________________________
LIABILITIES
17.
INSTALLMENT DEBT PAYABLE
(list below)
$_________________
18.
OTHER UNSECURED LOANS
(list below)
$_________________
19.
REAL ESTATE LOANS & MORTGAGES
(list below)
$_________________
20.
AUTOMOBILE/BOAT LOANS
(list below)
$_________________
21.
OTHER SECURED LOANS
(list below)
$_________________
22.
OTHER LIABILITIES (explain below)
$_________________
23.
TOTAL LIABILITIES
$_________________
24.
NET WORTH (assets minus liabilities)
$_________________
**NOTES**
Page 11
ESTIMATED BALANCE SHEET FOR LAST DAY OF MONTH FOLLOWING CLOSING ON
APARTMENT
______________________________________________________________________________
ASSETS
1.
CASH
$_________________
2.
CHECKING ACCOUNTS
$_________________
3.
SAVINGS ACCOUNTS, MONEY FUNDS
$_________________
4.
TOTAL CASH, BANKS AND MONEY FUNDS
$_________________
5.
MARKETABLE SECURITIES (furnish cover sheet showing
balance of most recent statement for any major account)
$_________________
6.
LIFE INSURANCE NET CASH VALUE (list below)
$_________________
7.
SUBTOTAL LIQUID ASSETS
$_________________
8.
NON-MARKETABLE SECURITIES (list below)
$_________________
9.
REAL ESTATE OWNED (list below)
$_________________
10.
VESTED INTEREST IN RETIREMENT FUND
$_________________
11.
NET WORTH OF BUSINESS OWNED
$_________________
12.
AUTOMOBILES/PLEASURE BOATS (list below)
$_________________
13.
MARKET VALUE OF FURNITURE &
PERSONAL PROPERTY
$_________________
14.
NOTES RECEIVABLE
$_________________
15.
OTHER ASSETS (explain below)
$_________________
16.
TOTAL ASSETS (explain below)
$_________________
**Please number explanatory material to correspond to numbers on this statement under the notes
section**
Page 12
ESTIMATED BALANCE SHEET FOR LAST DAY OF MONTH FOLLOWING CLOSING ON
APARTMENT
______________________________________________________________________________
LIABILITIES
17.
INSTALLMENT DEBT PAYABLE
(list below)
$_________________
18.
OTHER UNSECURED LOANS
(list below)
$_________________
19.
REAL ESTATE LOANS & MORTGAGES
(list below)
$_________________
20.
AUTOMOBILE/BOAT LOANS
(list below)
$_________________
21.
OTHER SECURED LOANS
(list below)
$_________________
22.
OTHER LIABILITIES (explain below)
$_________________
23.
TOTAL LIABILITIES
$_________________
24.
NET WORTH (assets minus liabilities)
$_________________
**NOTES**
Page 13
I (We) represent(s) that the above statements and accompanying exhibits are true and correct.
Verification may be obtained from any source named in the statements.
The undersigned Applicant(s) understand(s) that the consent of 3616 Henry Hudson Parkway Owners
Corp. is required for the proposed transfer of the proprietary lease and that the Board of Directors will
rely on the information furnished above. It is also understood that the information requested is essential
to the application because of the desire of the Cooperative to maintain a compatible group of residents in
the building and to maintain the financial stability of the building. The Applicant(s) also agree to meet in
person with representatives of the corporation. The Applicant(s) understand(s) that the cooperative
corporation reserves the right tot request further information.
3616 Henry Hudson Parkway Owners Corp. its officers, agents and representatives, Board of Directors,
and shareholders, shall have no liability with respect to any matter or concerning any act of the proposed
Seller in connection with any contract contemplated herein. The Corporation and its agents make no
representation with respect to the value of the stock or the proprietary lease of the individual apartment
involved, nor any representation regarding the financial condition for the corporation or any
recommendation to the prospective Purchaser with respect to the advisability of the purchase.
____________________________________
Applicant’s Signature
____________________________________
Co-Applicant’s Signature
Date:_______________________________
CREDIET RELEASE FORM
GOODMAN MANAGEMENT CO., INC.
5683 RIVERDALE, AVENUE- SUITE 203
RIVERDALE, NY 10471
718-796-5022 FAX: 718-796-5026
APPLICANT
SPOUSE/ CO- APPLICANT
Name_____________________________________________
Name________________________________________
Date of Birth_________________ S.S. #__________________
Date of Birth__________________ S.S. #_________________
APPLICANT RESIDENCY
SPOUSE/ CO- APPLICANT
Present Address:____________________________________
Apt #:____ City:_________________ State:_____ Zip:______
Home Tel.: ______________Monthly Rent:_______________
Date From________ to __________ Utilities Included?_____
Present Address:_____________________________________
Apt #:____ City:_________________ State:_____ Zip:______
Home Telephone:________________ Monthly Rent:________
Date from_________ to_________ Utilities Included?
Present Landlord’s Name:_____________________________
Landlord’s Address:__________________________________
City:_________________ State:________ Zip:_____________
Date: From____________________ to ___________________
Landlord’s Telephone #_______________________________
Present Landlord’s Name:_____________________________
Landlord’s Address:__________________________________
City:_________________ State:________ Zip:_____________
Date: From__________________ to _____________________
Landlord’s Telephone #_______________________________
Has a Landlord ever sued for non-payment of rent or
repossession? _______________________________________
Has a Landlord ever sued for non-payment of rent or
repossession? _______________________________________
APPLICANT EMPLOYMENT
CO- APPLICANT EMPLOYMENT
Present Employer____________________________________
Address____________________________________________
City__________________ State__________ Zip___________
Tel #______________ Supervisor_______________________
Position____________________ Annual Salary____________
Employment Date: From_______________ to _____________
Present Employer____________________________________
Address____________________________________________
City__________________ State__________ Zip___________
Tel #______________ Supervisor_______________________
Position____________________ Annual Salary____________
Employment Date: From_______________ to _____________
Previous Employer___________________________________
(If less than 1 yr)
Address____________________________________________
City__________________ State__________ Zip___________
Tel #______________ Supervisor_______________________
Position____________________ Annual Salary____________
Employment Date: From_______________ to _____________
Previous Employer___________________________________
(If less than 1 yr)
Address____________________________________________
City__________________ State__________ Zip___________
Tel #______________ Supervisor_______________________
Position____________________ Annual Salary____________
Employment Date: From_______________ to _____________
Other Monthly Income_______________ Source___________
(Alimony, Assets, Child Support, Social Security,
Unemployment, Veterans Supplement, etc.)
Other Monthly Income_______________ Source___________
(Alimony, Assets, Child Support, Social Security,
Unemployment, Veterans Supplement, etc.)
Proposed Occupants including children (other than those listed above):
Name
Date of Birth
Relationship to Applicant
Income (if applicable)
___________________________________________________________________________________________
___________________________________________________________________________________________
___________________________________________________________________________________________
Are you now in the Service or dependant of serviceman? _____________________________________________
This application is made subject to the approval of___________________________________________________
And may be without designating cause be disproved by them, it being agreed that any such disproval shall not be considered a reflection upon the applicant. This application is to be made part
of the lease entered into by the applicant and the landlord. The truth of the information contained herein is essential and if the aforementioned property deems any answer or statement herein to
be false, or misleading it shall be considered that any lease granted by virtue of this application may be canceled at their option. I/We hereby authorize Goodman Management Co., Inc. to use
any consumer reporting, credit bureau, or other investigative agencies employed by such, to investigate the references herein listed or statements or other data obtained from me or from any
other person pertaining to my employment history, credit, prior tenancies, character, general reputation, personal characteristics. And mode of living, to obtain a consumer report and such other
credit information which may result thereby and to disclose and refurnish such information to the owner/agent listed above in support of this application. I have been advised that I have the
right under section 606B of the Fair Credit Reporting Act to make a written request, within reasonable time, for a complete and accurate disclosure of the nature and scope of any investigation
_____________________________________________________________
Signature of Applicant
_____________________________________________________________
Signature of Co- Applicant
EMERGENCY CONTACT FORM
HOME NUMBER
________________________________
*between the hours of*
______________ and ______________
WORK NUMBER
________________________________
*between the hours of*
______________ and ______________
ALTERNATE ADDRESS
_________________________________________________________
_________________________________________________________
EMERGENCY CONTACT
Name: ___________________________________________________
Relationship ______________________________________________
Address: _________________________________________________
_________________________________________________
Phone: __________________________________________________
*between the hours of * ________________ and ________________
3616 Henry Hudson Parkway
Moving In/Out Authorization Form
Date:____________________________
Apt #:___________________________
Name of Shareholder(s):___________________________________________________
Name (Tenants(s)):__________________________________________________________
Are you moving in? _____________________
Are you moving out?_________________
If you are moving out, please list your forwarding address:
_________________________________________________________________________________________________________
_________________________________________________________________________________________
Preferred Moving Date: ______________________________
Alternate Moving Date:_______________________________
If you will be using a professional moving company, we will require their insurance:
Name of Moving Company: _______________________________________________________________
ALL MOVES MUST BE SCHEDULED WITH THE MANAGEMENT COMPANY. PLEASE
CONTACT US TO ARRANGE YOUR MOVE. ALL SECURITY DEPOSITS MUST BE RECEVIED BY
MANAGEMENT PRIOR TO MOVING IN OR OUT OF THE BUILDING. IF YOU ARE MOVING
OUT, MAKE SURE YOU LIST YOUR NEW ADDRESS ABOVE WHERE INDICATED SO YOUR
REFUND CHECK CAN BE RETURNED TO YOU IN A TIMELY MANNER.
Date Deposit Check Received: ___________________________
Date Deposit Check Returned: ___________________________
Building Address:
Exhibit B
Apt:
COOPERATIVE SALES
LEAD WARNING STATEMENT-CONTRACTS OF SALE
Every purchaser of any interest in residential property on which a residential dwelling was built prior to 1978 is notified that such property may
present exposure to lead from lead based paint that may place young children at risk of developing lead poisoning. Lead poisoning in young
children may produce permanent neurological damage, including learning disabilities, reduced intelligence quotient, behavioral problems, and
impaired memory. Lead poisoning also poses a particular risk to pregnant women. The seller of any interest is residential real property is
required to provide the buyer with information on lead-based paint hazards from risk assessments or inspections in the seller’s possession and
notify the buyer of any known lead-based hazards. A risk assessment or inspection for possible lead-based paint hazards is recommended prior to
purchase.
DISCLOSURE OF INFORMATION ON LEAD-BASED PAINT AND/OR LEAD BASED PAINT
HAZARDS
SELLER/PURCHASER
Seller’s Disclosure
(a)
(b)
Presence of lead-based paint and/or lead-based paint hazards (Seller (s) to initial (i) or (ii) below:
(i)
Known lead-based paint and/or lead-based paint hazards are present in the Unit and/or common areas (explain).
(ii)
Seller has no knowledge of lead-based paint and/or lead-based paint hazards in the Unit and/or common areas.
Records and reports available to the Seller (Seller (s) to initial (i) or (ii) below):
(i)
Seller has provided the Purchaser will all available records and reports pertaining to lead-based paint and/or lead based
paint hazards in the Unit and/or common areas (list documents below).
(ii)
Seller has no records or reports pertaining to lead-based paint and/or lead-based paint hazards in the Unit and/or common
areas.
Purchaser’s Acknowledgement (Purchaser (s) to initial (c) (d) and (e) and check wither (i) or (ii) below:
(c)
Purchaser has received copies of all information listed above.
(d)
Purchaser has received the pamphlet Protect Your Family from Lead in Your Home.
(e)
Purchaser has (check (i) or (ii) below:
(i)
Received a 10 day opportunity (or other mutually agreed upon period) to conduct a risk assessment or inspection for the
presence of lead-based paint.
(ii)
Waived the opportunity to conduct a risk assessment or inspection for the presence of lead-based paint and/or lead-based
paint hazards.
Agent’s (Broker) Acknowledgement (Agent (All Broker) to initial (f) below):
(f)
Agent (All Brokers) has informed the Seller of the Seller’s obligation under 42 U.S.C. 4852d and is aware of Agent’s (All Brokers)
independent 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.
Seller
Date
Purchaser
Date
Seller
Date
Purchaser
Date
Agent (Broker)
Date
Agent (Broker)
Date