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Chapter 8 SINGLE-ADDRESS HOMEBUYER ACTIVITIES This chapter explains how to set up, fund, draw funds for, and complete homebuyer activities that are carried out at a single location. ACTIVITY SETUP
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What is single-address homebuyer rehab activities?
Single-address homebuyer rehab activities refer to the renovation or improvement activities done on a single residential property that is purchased by a homebuyer.
Who is required to file single-address homebuyer rehab activities?
The homebuyer or the organization representing the homebuyer is required to file single-address homebuyer rehab activities.
How to fill out single-address homebuyer rehab activities?
To fill out single-address homebuyer rehab activities, the required information and details should be entered in the designated fields of the rehab activity reporting form provided by the relevant authorities.
What is the purpose of single-address homebuyer rehab activities?
The purpose of single-address homebuyer rehab activities is to track and monitor the renovation or improvement work done on residential properties purchased by homebuyers, ensuring compliance with regulations and standards.
What information must be reported on single-address homebuyer rehab activities?
The information that must be reported on single-address homebuyer rehab activities includes the address of the property, description of the rehab work performed, cost of the rehab activities, duration of the rehab project, contractor details, and any necessary permits obtained.
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