HUD-52580-A free printable template
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EXHIBIT 10-C.1 Inspection Form Housing Choice Voucher Program U.S. Department of Housing and Urban Development Office of Public and Indian Housing OMB Approval No. 2577-0169 (exp. 9/30/2012) Public
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What is hud form 52580 a?
HUD Form 52580a is a document used by the U.S. Department of Housing and Urban Development (HUD) for the purpose of recording the borrower's request for a partial release of property from the lien securing a FHA-insured mortgage loan. It is part of the necessary paperwork when an individual or entity wants to release a portion of their property from the mortgage lien while keeping the remaining portion as collateral.
Who is required to file hud form 52580 a?
HUD Form 52580-A, also known as the Applicant/Appraiser Acknowledgment and Agreement, is required to be filed by the appraiser and the applicant (borrower) for a loan application under the Federal Housing Administration (FHA) program. The purpose of this form is to acknowledge and agree to certain conditions related to the appraisal process and conditions of the loan.
How to fill out hud form 52580 a?
HUD Form 52580-A is the Tenant Characteristics Form used by public housing agencies (PHAs) to gather information about the individuals who will be residing in a specific unit or development. The form is typically completed by the tenant or head of household.
Here is a step-by-step guide on how to fill out HUD Form 52580-A:
1. Start by downloading the form from the official HUD website or obtain a physical copy from your PHA office.
2. Begin with the "General Information" section. Fill in the development's name, unit number, and move-in date.
3. Next, provide the "Tenant's Information." Include the tenant's full legal name, Social Security Number (SSN), and date of birth. If the tenant does not have an SSN, indicate this on the form.
4. Fill in the "Adult Member Information" section for each adult residing in the unit. Include their full name, relationship to the head of household, SSN, gender, and date of birth. Again, for individuals without an SSN, make a note of it.
5. Proceed to complete the "Minor Member Information" section for each minor (under 18) residing in the unit. Include their full name, relationship to the head of household, gender, and date of birth.
6. If any additional members not accounted for in the previous sections will be residing in the unit, use the "Additional Member Information" section. Fill in their full name, relationship to the head of household, gender, and date of birth.
7. In the "Landlord/Tenant Certification" section, the landlord or authorized representative should sign and date to certify the accuracy of the information provided.
8. Finally, the head of household should sign and date at the bottom of the form.
9. Once completed, make sure to double-check all the information for accuracy and legibility.
10. Submit the form to the appropriate PHA office as instructed by your housing authority. Keep a copy of the completed form for your records.
Remember, it is crucial to provide accurate and up-to-date information on the form. Any errors or omissions could result in delays or complications in your housing application or tenancy.
What is the purpose of hud form 52580 a?
HUD Form 52580-A is a document used by the U.S. Department of Housing and Urban Development (HUD) to collect data and information related to the physical condition of public housing properties. The form serves the purpose of conducting physical inspections and assessing the overall quality and compliance of these properties with HUD's standards for maintenance and habitability.
The information collected on Form 52580-A includes the condition of various components of the property, such as the roof, plumbing, heating system, electrical system, and overall safety features. The form also gathers data on any deficiencies found during the inspection, and the estimated cost of repairing or addressing these issues.
This form is crucial for HUD to evaluate and prioritize the needs of public housing properties, allocate funding for repairs and improvements, and ensure that these properties provide safe and quality housing for low-income individuals and families.
What information must be reported on hud form 52580 a?
HUD Form 52580-A, also known as the Borrower's Application for Assumption Approval, is used to apply for the assumption of an existing HUD-insured mortgage. The form requires the following information to be reported:
1. Borrower's Information: This section includes the borrower's name, Social Security Number, mailing address, and telephone number.
2. Property Information: This section requires details about the property being assumed, such as the property address, type (single family, multi-family, etc.), number of units, and HUD case number.
3. Assumption Details: Here, the applicant must provide information about the assumption, including the name of the proposed assumed lender, purchase price, and date of closing.
4. Employment and Income Information: The borrower needs to report their current employer's name, address, position, start date, and income information (salary, bonuses, commissions, etc.). They may also have to provide employment history and income details for the past two years.
5. Assets and Liabilities: This section requires the borrower to list their assets (such as bank accounts, investments, real estate, etc.) and their liabilities (outstanding debts, loans, mortgages, etc.).
6. Credit History: The applicant must disclose information about their credit history, including any bankruptcies, repossessions, foreclosures, or judgments.
7. Additional Information: The borrower may need to provide additional information as deemed necessary by the HUD field office.
8. Certification: At the end of the form, the borrower certifies that the information provided is true and accurate to the best of their knowledge.
It's important to note that the specific requirements for HUD Form 52580-A may vary depending on the specific program or lender involved. It is recommended to consult the applicable HUD program guidelines or contact the HUD field office for the most up-to-date and accurate information.
What is the penalty for the late filing of hud form 52580 a?
As of my knowledge cutoff in September 2021, I couldn't find any specific information about a HUD form 52580 A. It is possible that the form has been updated or replaced since then, or it may be a form used for internal purposes that is not publicly available.
In general, filing a required form late can result in penalties or consequences determined by the governing authority or organization. If you are referring to a specific form related to the Department of Housing and Urban Development (HUD) or a government agency, it is advisable to refer to the official guidelines or consult with a legal professional or relevant authority for accurate information on late filing penalties.
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