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DBPR Form CO 6000-33-037
FREQUENTLY ASKED QUESTIONS AND ANSWERS SHEET
FOR COOPERATIVE ASSOCIATIONS
____________________________________ As of _________________________
Name of Cooperative Association (date)
Q: What are my voting rights in the cooperative association?
A:
Q: What restrictions exist in the cooperative documents on my right to use my unit?
A:
Q: What restrictions exist in the cooperative documents on the leasing of my unit?
A:
Q: How much are my assessments to the cooperative association for my unit type and when
are they due?
A:
Q: Do I have to be a member in any other association? If so, what is the name of the
association and what are my voting rights in this association? Also, how much are my
assessments?
A:
Q: Am I required to pay rent or land use fees for recreational or other commonly used
facilities? If so, how much am I obligated to pay annually?
A:
Q: Is the cooperative association or other mandatory membership association involved in
any court cases in which it may face liability in excess of $100,000? If so, identify each
such case.
A:
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NOTE: THE STATEMENTS CONTAINED HEREIN ARE ONLY SUMMARY
IN NATURE. A PROSPECTIVE PURCHASER SHOULD
REFER TO ALL REFERENCES, EXHIBITS HERETO, THE
SALES CONTRACT, AND THE COOPERATIVE
DOCUMENTS.