Due to some investor requirements and client requests, DocuTech will begin providing Cx8091 generically for all loans secured by a share in cooperative housing located in New York. In making this Agreement generic, the following changes will also be made:
- 1. The addition of the following fields:
- Field 27659 “Property Apartment Number” to the first page of the agreement,
for the “Apartment” information clause; - Field 27657 “Cooperative – Company Name” to Subsection 4 of the Agreement
(located on page 2) for the “Managing Agent” information clause; and - Field 38506 “Cooperative – Company Full Address” to Subsection 4 of the
Agreement for the managing agent address information clause.
- Field 27659 “Property Apartment Number” to the first page of the agreement,
- The addition of a copyright footer, which states in whole the following: “©
Copyright 1973 by Aztech Document Systems, Inc. Approved by the Cooperative
Housing Lawyers Group.” - Moving the “Approved:” language located in the last page of the agreement to
be directly above the borrower signature lines.
These changes will take effect on May 22, 2012. If you have any questions or concerns about these changes, please contact Client Support at 1.800.497.3584.
May 15, 2012
DR 119910