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APRIL 2013 MULTIFAMILY LOAN DOCUMENT REVISIONS DOCUMENTSUBSTANTIVE CHANGES MAGELLAN AGREEMENT (CME, Portfolio, Seniors and PortfolioSeniors unless otherwise noted) Cover page Section 4.07 External

How to fill out substantive changes made

To fill out substantive changes made, follow these steps:

1. Start by reviewing the document or project that requires the changes. Understand the context and purpose of the changes before proceeding.
2. Identify the specific areas or sections that need to be modified. Make a note of these parts to ensure that no important details are missed during the amendment process.
3. Evaluate the impact of the proposed changes. Consider the potential implications and consequences these modifications may have on other aspects of the document or project.
4. Clearly document the substantive changes. Use a structured format that clearly indicates the original content and the proposed revisions. This can be achieved through the use of track changes, highlighting, or annotations.
5. Provide a detailed explanation for each change. This helps to ensure clarity and understanding for all parties involved. Clearly articulate the reasoning behind each modification, whether it be for legal compliance, accuracy, or other factors.
6. Collaborate with relevant stakeholders or team members if necessary. If the document or project involves multiple contributors, ensure that everyone is on the same page regarding the substantive changes being made.
7. Obtain necessary approvals or sign-offs. Depending on the context, it might be required to seek approval from supervisors, clients, or other relevant parties before finalizing the changes. Follow the established approval process to ensure compliance.
8. Implement the changes effectively. Update the document or project as per the approved modifications. Take care to apply the changes accurately and thoroughly.
9. Review the amended document or project. Verify that all substantive changes have been accurately incorporated and that the desired outcome has been achieved.

Who needs substantive changes made?

Substantive changes may be needed by various individuals or entities, such as:

1. Authors or content creators: They may require substantive changes to their work to enhance clarity, accuracy, or alignment with the intended message.
2. Editors or reviewers: Professionals responsible for reviewing and improving the quality of content often identify substantive changes that need to be made to ensure compliance, adherence to guidelines, or overall improvement.
3. Legal or compliance teams: In the legal or regulatory realm, substantive changes are often necessary to bring documents or processes in line with current laws, regulations, or industry standards.
4. Project managers or stakeholders: Those overseeing a project may request substantive changes to ensure that the project meets its objectives, aligns with stakeholders' requirements, or addresses any emerging challenges.

Overall, anyone invested in the content or project at hand may need substantive changes made to effectively meet their goals or requirements.

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