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What happens if an owner cannot locate all of the receipts for repairs to prove ALLOWABLE ACTIVITIES?

April 26, 2017activities allowable happens locate owner prove receipts repairs

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What happens if an owner cannot locate all of the receipts for repairs to prove ALLOWABLE ACTIVITIES?

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• Property owners who cannot locate all the receipts for repairs should list those items on the ALLOWABLE ACTIVITES worksheet in the “no receipts” column. At closing, these owners will be required to sign an affidavit attesting under penalties of perjury that the listed repairs are true and accurate.