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» Closing Documents - List of Equipment and Inventor

Posted on 6/20/2005

If you are purchasing or refinancing a commercial, industrial, retail or office real estate property, you will be asked to provide a List of Equipment and Inventory for your closing document file. If you rent out space in a building, do not include property owned by your renters. This list is strictly for inventory and/or equipment you own and use in conjunction with the collateral building.

The List of Equipment and Inventory is generally applicable when a company occupies a factory, warehouse, or other commercial property and operates its business from that location. If you have questions about whether you need to fill out such a list and what to put on it, contact Avatar Financial Group for instructions and assistance.

Posted in Miscellaneous