The Edge Lofts & Tower

22.1 

Date completed:   __XX/XX/XXXX________________

Completed by:   Kristina Schoell – Building Manager_           

Signature:    _______________________________       

Regarding Unit #  ____XXXX_____________________

Parking space # (if applicable)____P.XXX_____________________ 

1 ~  Copy of Declaration, by-laws are the seller’s responsibility to provide.  If you need a copy and/or the seller is unable to provide one, there is a printing cost of $100.  

* 2~  As of the above listed date;  there are no liens against this unit.  The regular monthly assessments for Unit XXXX ($xxx.xx/mo) and parking space P.XXX ($xx.xx/mo) are paid in full through [DATE].  There is also a special assessment due to the Association by the Unit Owner.  This special assessment for unit XXXX in total is $xxx.xx (billed in 9 monthly installments; January – September 2009 at $xx.xx/month).  The special assessment amount for parking space P.XXX is $xx.xx (billed in 9 monthly installments; January – September 2009 at $x.xx/month).  All special assessment totals will be due in total by September 30, 2009. 

3~  Capital Expenditures by The Edge Lofts & Tower Condominium Association, Inc. for the year 2008 included:

1:  a new garage door at $28k

2: a façade inspection due to the city at $55k. 

Budget allocations and reserve expense had been allocated for these upcoming expenses.  No capital expenditures are anticipated for the year 2009. 

4~  Amount in The Edge Lofts & Tower Condominium Association, Inc. reserves amounts to $70k. 

* 5~  Financial statement is attached 

6~  There are no pending or current suits or judgments in which the unit owner’s association is a party. 

7~  Please call Premier Insurance for a copy of the current building Insurance coverage summary page:  630-595-5300. 

8~  Each unit in the building is not inspected individually, however at this time there are no known improvements or alterations that have been made to the above referenced unit or limited common elements assigned thereto.  Any such improvements by the prior owner are in good faith believed to be in compliance with the condominium instruments. 

9~  Principal building contact information:  Kristina Schoell – Building Manager

Building Address:   The Edge Lofts & Tower, 210 S. DesPlaines St., Attn:  Management Office, Chicago, IL  60661. 

Telephone:  312-887-0210.

Fax:  312-887-0027. 

Website:  www.theedgechicago.com

Email:  This e-mail address is being protected from spam bots, you need JavaScript enabled to view it

*  Please call Kristina in the Manager's office for unit specific information;  312-887-0210 ext. 1