Nh Form Condominium PDF Details

Do you want to own a condominium in the heart of New Hampshire? Whether it’s your first home or an investment property, you need to understand useful information about purchasing NH form condos. Thankfully, this blog post will discuss everything from what qualifies as an NH form condominium and the advantages of buying one to typical costs associated with owning and maintain an NH Form Condo. If you’re ready to find out if these unique properties can help give you an edge in the competitive real estate market, read on!

QuestionAnswer
Form NameNh Form Condominium
Form Length18 pages
Fillable?No
Fillable fields0
Avg. time to fill out4 min 30 sec
Other names CONDOMINIUM ACT - New Hampshire Attorney General

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STATE OF NEW HAMPSHIRE

CONDOMINIUMACT

COMPREHENSIVE APPLICATION FOR REGISTRATION

PURSUANT TO RSA 356-B:51, I AND JUS 1405.03

Section I. Declarant and Condominium Information

Section II. Certificate of Resolution

Section III. Certificate of Appointment

Section IV. Applicant’s Affidavit/Affirmation

Section V. Attorney Affirmation

Applicant must answer all questions and complete all sections. Any question which is not applicable shall be so designated. Additional pages may be added to permit complete and comprehensive answers. Applicant may provide such further information as is germane and material to describe the proposed offering fully. Please type or print clearly in ink.

A filing fee in the amount of $30 per lot, parcel, unit or interest, but no less than $300 nor more than $2,000 must accompany this application. The filing fee should be calculated on the basis of the interests being registered in this application only. Subsequent phases will require separate filing fees, in the amount of $30 per lot, parcel, unit or interest, but no less than $200 nor more than $2,000.

APPLICANT MUST IMMEDIATELY NOTIFY THE BUREAU OF ANY MATERIAL CHANGE IN INFORMATION CONTAINED IN THE REGISTRATION APPLICATION, MAKE APPROPRIATE AMENDMENT OF THE PUBLIC OFFERING STATEMENT AND RECEIVE PRIOR APPROVAL FROM THE BUREAU.

DEPARTMENT OF JUSTICE

OFFICE OF THE ATTORNEY GENERAL

CONSUMER PROTECTION AND ANTRITRUST BUREAU

33 CAPITOL STREET

CONCORD, NEW HAMPSHIRE 03301

TEL. (603) 271-3641

Form CPLC100 (August 2019)

Page 1

SECTION I

A.IDENTIFICATION OF DECLARANT

1.a. Name of one person to whom correspondence is to be directed during registration process:

b.Address:

c.Telephone:

2.Contact person for all other purposes: Name:

Address:

3.a. Declarant’s name:

b.Declarant’s address:

c.Form of organization:

d.Date organized:

e.Jurisdiction where organized:

f.Address of each of Declarant’s offices in New Hampshire (if other than

above):

Form CPLC100 (August 2019)

Page 2

Submit as Appendix A a copy of each legal instrument pertaining to the organization of the business entity, including all amendments thereto, pursuant to RSA 356-B:51, I (q)—(t).

4.Is the Declarant, developer or agent properly registered with the Secretary of State of

the State of New Hampshire to do business in the State? Yes

 

No_ _ If no, explain:

 

 

 

 

 

5.Is the Declarant, developer, or agent registered with the Secretary of State to use a

trade name? Yes

 

No

 

If no, explain:

6.Has the Declarant filed, or made arrangements to file, required quarterly tax estimates relating to the business profits tax (RSA 77-A) with the Department of Revenue

Administration of the State of New Hampshire? Yes

 

_ No

 

If no, explain:

7.Has the Declarant been affiliated or associated with any other subdivision or condominium, existing or proposed, in New Hampshire or elsewhere?

Yes _ No . If yes, identify all such subdivisions and condominiums by

name, location, and if applicable, N.H. Attorney General registration or exemption number:

8.Submit as Appendix B a completed form CPLC170 for each principal of the Declarant, as defined by Jus 1401.07.

Form CPLC100 (August 2019)

Page 3

9.What is the relationship of the Applicant to the condominium (e.g. Declarant, owner of record, developer, or agent)?

10.If other than Declarant, state:

a.Name of Applicant:

b.Address of Applicant:

B. DESCRIPTION OF CONDOMINIUM

11.Common promotional name:

12.Location:

Street or Road

City or Town

County State

Country

13. a. Does the condominium involve conversion of rental property?

Yes No

b. Is the condominium a leasehold condominium?

Yes

 

No

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

c. Does the condominium contain:

 

 

1. convertible land?

Yes

 

 

No

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2. convertible space?

Yes

 

 

No

 

 

 

3. withdrawable land?

Yes

 

 

 

No

 

 

4. additional land? Yes

 

 

 

No

 

 

 

 

 

 

5. any nonresidential units? Yes

 

 

 

 

 

 

No

 

 

 

Form CPLC100 (August 2019)

Page 4

6. any time sharing interests? Yes No

14. The maximum number of years of Declarant control, pursuant to RSA 356-B:36, I, is

 

years. Provisions relating to Declarant control are on page(s)

of the

 

 

 

 

 

 

Declaration and/or page(s)

 

of the Bylaws.

 

15. Condition of title.

a. Submit as Appendix C a statement of the condition of title to the condominium, in the form of a title opinion of a licensed attorney, not under salary to the Declarant, or other evidence of title acceptable to the agency.

b. Is the Declarant currently the holder of legal title to the property upon which the condominium will be located?

Yes No

If no, explain in Appendix C.

c. Will the Declarant be the holder of legal title to the condominium property at the time the condominium is created?

Yes No

If no, explain in Appendix C.

16.Number of separate parcels of real estate included in this filing:

17.a. Number of acres in condominium in this filing:

b. Number of additional acres that later may be included by reason of future expansion or merger:

c. Total number of acres that the condominium ultimately may include:

d. State whether any of the units in this filing have been offered or disposed of within the meaning of RSA 356-B:50, I. Disposition includes entry into a purchase and sale agreement.

Yes

 

No

. If yes, attach copies of purchase and sale agreements.

 

 

 

 

 

18. a. Number of units for which registration is requested in this filing:

(Note: The Bureau will not grant registration unless adequate financing has been committed for completion of all promised improvements and units sought to be registered in this Application.)

b. Number of additional units that may be included by reason of future conversion, expansion

Form CPLC100 (August 2019)

Page 5

or merger:

 

.

c.Total number of units that the condominium ultimately may include:

19. a. Number of time sharing interests involved in this filing: b. Total number of time sharing interests involved:

20. a. Size of units in this filing:

minimum average maximum

21.List sequentially the units to be registered in this filing. Use the identifying numbers as they will appear on the site and floor plans to be recorded with the declaration.

C. PLAN OF DEVELOPMENT FOR THE CONDOMINIUM

22.Submit as Appendix D(1) the Declaration of the condominium.

Submit as Appendix D(2) the Bylaws of the condominium.

Submit as Appendix D(3) any other rules and regulations of the condominium.

Submit as Appendix D(4) the site and floor plans of the condominium.

23. Have the plans been recorded? Yes

 

No

 

 

 

 

a.Date of Recording:

b.Location of Recording, including book and page reference:

24.Have the boundaries of the convertible lands, withdrawable lands, additional lands, common areas, limited common areas and any completed or proposed improvements thereon

been laid out by a registered surveyor? Yes

 

No

a.Name of surveyor:

b.Address of surveyor:

c.Method used to depict boundaries:

Form CPLC100 (August 2019)

Page 6

D. IMPROVEMENTS (Complete information must be entered)

25. Improvements which have been completed:

DescriptionWhen Completed

Buildings

Graded Roads

Paved Roads

Water System

Sewerage System

Drainage

Sidewalks, Curbs, Street

Lighting

Electrical Supply

Gas Supply

Telephone Service

Amenities/Recreational

Facilities

26. Improvements which are promised in this phase:

 

 

 

 

 

Anticipated

Description

Percent

Estimated Cost

Completion

Of Improvement

Completed

To Complete

Date

Buildings

 

 

 

 

 

Graded Roads

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Form CPLC100 (August 2019)

Page 7

Paved Roads

Water System

Sewerage System

_

Drainage

Sidewalks, Curbs,

Street Lighting

Electrical Supply

Gas Supply

Telephone Service

Amenities/Recreational

Facilities

27.Is the condominium subject to approval of any local, state, or federal entity other than the registration to which this application relates? For example, such approval may include, but is not limited to, building permits and all other approvals granted by zoning boards of adjustment, planning boards, New Hampshire Department of Environmental Services, Wetlands Bureau, and Army Corps of Engineers.

Yes No

a. If yes, submit in Appendix E evidence of approval from the governmental entity.

28. Has any existing tax, special tax, or assessment which affects the condominium been

levied by any governmental entity? Yes

 

No

a. Are any such taxes proposed to be levied by any governmental entity?

Yes No

b. If yes, describe in detail and include an explanation as to whether current use taxation (RSA 79-A) applies to the condominium.

Form CPLC100 (August 2019)

Page 8

29.State whether any bond has been posted, money placed in escrow, letter of credit issued, or other financial assurance has been provided to any government entity to assure the completion of these improvements.

Yes No

a.If yes, attach copies of such assurances as Appendix F.

E. MAINTENANCE

30. Have arrangement been made to provide maintenance for the condominium?

Yes No

a. If yes, specify those arrangements for maintenance.

31.Has any governmental entity agreed to accept maintenance of the improvements set forth in questions 25 and 26?

Yes No

a. If yes, describe in detail:

32.State the relationship, if any, between the Declarant and managing agency.

33.Submit as Appendix G a projected budget for at least the first year of the condominium’s operation. Include the projected monthly common expense assessments for each unit.

34.Have provisions been made in the budget for capital expenditures or major maintenance

reserves? Yes

 

No

a. If yes, describe:

Form CPLC100 (August 2019)

Page 9

F.FINANCING

35.Submit as Appendix H a financial statement of the Declarant pursuant to Jus 1405.11.

36.Is financing being obtained from a lending institution?

Yes No

a.Name of lending institution:

b.Address of institution:

c.Has the loan been finalized?

d.Total amount of the loan or mortgage:

e.Amount of loan or mortgage outstanding as of the date of this filing:

37.If the loan has not been finalized, has the lending institution provided a written commitment to lend?

Yes No

a. State amount of commitment:

38.Identify any real or personal property providing security for the loan or mortgage:

39.Specify any arrangements for securing partial releases or total discharge of the loan or mortgage, if such loan or mortgage encumbers any unit which will be disposed of by the Declarant, or any common or limited common area of the condominium belonging to the purchasers.

40.Submit as Appendix I copies of any mortgages, liens, or other financial encumbrances on any unit, common area, or limited common area.

Form CPLC100 (August 2019)

Page 10

41.Is there any blanket encumbrance or lien, not identified in question 36, affecting any unit or any common or limited common area in the condominium?

Yes No

a. If yes, state the consequences for a purchaser of the Declarant’s failure to discharge such encumbrance or lien.

b. Have steps been taken to protect the purchaser in the case of such an eventuality?

Yes

 

No

If so, describe any such steps.

 

 

 

 

 

42.Pursuant to Jus 1405.09, submit as Appendix J a statement of the plan of financing the improvements in the condominium and the maintenance thereof.

G. PROMOTIONAL PLAN

43.Describe the promotional plan for the disposition of the units or interests in the condominium:

44.Submit as Appendix K a copy of all promotional material.

45.Name and address of person who will operate the promotional plan:

a.Name:

b.Address:

46. Will all persons offering or selling the units be either the Declarant or its employees?

Yes No If no, a real estate license must be obtained by each such person pursuant to RSA 331-A.

Form CPLC100 (August 2019)

Page 11

47.Name and address of escrow agent having responsibility for holding deposits pursuant to RSA 356-B:57:

a.Name:

b.Address:

H. RIGHTS AND OBLIGATIONS OF PURCHASER

48.Submit as Appendix L all legal instruments that will be delivered to a purchaser to evidence his interest in any unit, and any other agreement a purchaser is required to sign.

49.Are there any management contracts or other contracts, including leases, affecting the use, maintenance or administration of, or access to all or part of the condominium?

Yes No

a. If yes, submit copies of such contracts as Appendix M.

50.Submit as Appendix N the Public Offering Statement required by RSA 356-B:52.

51.Will any improvements be required to be made by the purchaser in order to use the condominium unit in the manner represented by the Declarant?

Yes No

a. If yes, describe any improvements to be made and the estimated costs thereof:

52.Submit as Appendix O a copy of all legal instruments relating to the Unit Owners Association.

(Note: All members of the Association must be advised of the requirements of RSA 356- B:58).

53.Describe any initial or recurring fee or charge the purchaser is required to pay arising from his purchase or use of any unit in the condominium, or from the maintenance and management of the condominium.

Form CPLC100 (August 2019)

Page 12

I.FILING WITH FEDERAL OR STATE AUTHORITIES

54.Has a registration or exemption been granted by any federal or state regulatory agency

other than a New Hampshire agency? Yes

 

No

a. If yes or pending, list the jurisdiction, and state whether granted or pending.

55. Has any registration or exemption filing been rejected, suspended or revoked by any

such regulatory agency? Yes

 

No

a. If yes, identify the agency and describe the status:

Form CPLC100 (August 2019)

Page 13

SECTION II

CORPORATE

CERTIFICATE OF RESOLUTION

I,

 

 

 

, of

 

 

 

 

(Name and Title)

hereby certify that the following vote was adopted unanimously at a regularly (or

specifically) held and called meeting of the Board of

 

 

 

 

 

Directors of said corporation held on

 

at

 

 

 

, a

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(Date and Year)

(Address)

quorum being present and voting throughout.

 

 

 

 

 

Voted: To authorize

 

 

 

 

 

 

 

to make and file an application for

registration with the Office of the Attorney General, Consumer Protection and Antitrust Bureau,

State of New Hampshire, pursuant to the provisions of RSA 356-B.

Voted: To authorize an Irrevocable Appointment of the Office of Attorney General,

Consumer Protection and Antitrust Bureau, State of New Hampshire, to receive service of any legal

process in any non-criminal proceeding arising under RSA 356-B against the Declarant or any of its

personal representatives.

 

 

 

 

 

 

 

I,

 

 

 

, also hereby certify that the above vote has

not been amended or altered and that it is presently in full force and effect.

Witness my hand on this

 

day of

, 20

 

 

 

 

 

 

 

 

 

 

 

Name/Title

Subscribed and sworn to before me this

 

day of

, 20

 

 

 

 

 

Justice of the Peace/Notary Public

(Seal)

Form CPLC100 (August 2019)

Page 14

PARTNERSHIP OR OTHER BUSINESS ORGANIZATION

CERTIFICATE OF RESOLUTION

 

 

I,

of

,

 

 

 

(Name/Title)

 

 

 

 

(Declarant)

 

 

 

 

 

 

 

, hereby certify that the following

(Address)

 

 

 

 

 

 

 

vote was adopted unanimously by the partners or the owners or principals, if

other form of business organization, at a meeting held on

 

 

 

 

 

 

 

 

 

 

 

(Date and Year)

at . (Address)

 

 

 

 

 

 

 

 

 

Voted: To authorize

 

 

 

 

 

to make and file an application

for Registration with the Office of the Attorney General, Consumer Protection and Antitrust Bureau, State of New Hampshire, pursuant to the provisions of RSA 356-B.

Voted: To authorize the Irrevocable Appointment of the Office of the Attorney General, Consumer Protection and Antitrust Bureau, State of New Hampshire, to receive service of any legal process in any non-criminal proceeding arising under RSA 356-B against the Declarant or any of its

personal representatives.

 

 

 

 

 

 

 

I,

 

 

 

, also hereby certify that the above vote has

not been amended or altered and that it is presently in full force and effect.

Witness my hand on this

 

day of

, 20

 

 

 

 

 

 

 

 

 

 

 

Name/Title

Subscribed and sworn to before me this

 

day of

, 20

 

 

 

 

 

Justice of the Peace/Notary Public

(Seal)

Form CPLC100 (August 2019)

Page 15

SECTION III

CERTIFICATE OF APPOINTMENT

Pursuant to RSA 356-B:51, I(a),

(Declarant)

hereby irrevocably appoints the Consumer Protection and Antitrust Bureau, Office of the Attorney General, State of New Hampshire, agent to receive service of any lawful process in any non-criminal proceeding arising under RSA 356-B against the Declarant or any of its personal representatives.

Witness my hand and seal, if any, of the grantor, on this

 

day of

 

, 20 .

 

 

 

 

 

 

 

 

Name/Title

 

 

 

Subscribed and sworn to before me this

 

day of

 

, 20

 

.

Justice of the Peace/Notary Public

(Seal)

Form CPLC100 (August 2019)

Page 16

 

 

SECTION IV

 

 

 

APPLICANT’S AFFIDAVIT/AFFIRMATION

 

I,

 

 

, of

 

,

(Address)

being duly sworn, depose and say that I am authorized to make and file this application for registration with the Office of the Attorney General, Consumer Protection and Antitrust Bureau, State of New Hampshire, and that I have examined said application and the information contained herein, including the documents attached hereto, and certify that the same is, to the best of my knowledge and belief, true, correct and complete in all respects.

(Date)

 

(Signature)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(Title)

 

 

 

STATE OF _

 

 

 

 

 

 

 

 

 

COUNTY OF

 

 

 

 

 

 

 

 

 

Subscribed and sworn to before me this

 

 

day of

, 20

.

 

 

 

 

 

 

 

 

 

 

 

Justice of the Peace/Notary Public

(Seal)

Form CPLC100 (August 2019)

Page 17

 

 

SECTION V

 

 

 

ATTORNEY AFFIRMATION

 

I,

 

, of

,

 

(Name)

 

 

(Business Address)

 

hereby certify that I am an attorney licensed to practice law in New Hampshire, and that the

condominium instruments and other legal documents for

(Condominium name)

located in

(City, State)

comply with the provisions of RSA 356-B and the administrative rules thereunder, and that I have

advised Declarant

of the obligations under

 

(Declarant’s Name)

 

RSA 356-B and the administrative rules adopted thereunder.

 

(Date)

(Name)

 

 

 

 

 

 

Subscribed and sworn to before me this

 

day of

, 20

.

 

 

 

 

 

 

 

 

Justice of the Peace/Notary Public

Form CPLC100 (August 2019)

Page 18