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470 OWNERS CORPORATION (rev. 2/2019)APPLICATION FOR PURCHASE/SUBLET Return to:Eastchester Realty 209 Garth Road Scarsdale, NY 10583 INSTRUCTIONS1. Please complete all sections of the application×.
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Who needs 470 owners corporation?

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The 470 owners corporation is typically needed by condominium or apartment owners who wish to establish or manage an owners corporation for their property. It is particularly relevant in cases where multiple owners share common areas, amenities, or need to collectively manage certain aspects of the property.
02
In many jurisdictions, it is a legal requirement for owners of certain types of properties to establish an owners corporation to ensure proper maintenance, management, and decision-making. Additionally, financial institutions or organizations involved in property management may also require the establishment of 470 owners corporation for certain operations or financial transactions.
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470 owners corporation is a legal entity formed to manage a multi-unit property, such as a condominium or cooperative.
All owners of units within a multi-unit property are required to file 470 owners corporation.
To fill out 470 owners corporation, owners must provide information about the property, its management, and financial details.
The purpose of 470 owners corporation is to ensure the proper management and maintenance of a multi-unit property.
Information such as property details, financial statements, and management information must be reported on 470 owners corporation.
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