Estoppels & Condo Questionnaires

Estoppels & Condo Questionnaires

Estoppel Requests

Owners who are selling their units may have their attorney or title company request an estoppel from the managment office.  Royal Park Condos has created their own Estoppel Form. Instructions for obtaining a completed estoppel are as follows:

  1. Download the Estoppel Form
  2. Complete top portion of Page 1
  3. Send your request and payment via US Mail or Overnight Deliver to:
    Armando Meneses
    Royal Park Condominiums
    119 Royal Park Drive #1A
    Oakland Park, FL 33309
  4. You may Fax or Email the Form along with a copy of the check if the estoppel is to be expedited:
    EMAIL Armando Meneses, Office Fax: 954-731-4341

Estoppel Fees:

  • $175 for Standard Delivery within 10 Business days
  • $300 for Expedited Delivery within 3 Business days

An additional $150.00 charge applies if Seller/Owner is delinquent in any amounts due Association, and that account has been turned over to our legal counsel. Legal counsel can add additional fees to the seller.

You may request a refund if the certificate is requested in conjunction with the sale or mortgage of a unit but the closing does not occur. The request for the refund must be in writing and must occur no later than 30 days after the closing date. The refund will be provided within 30 days after receipt of a written request.

Lender Condo Questionnaires

Royal Park Condominiums does not carry Full Reserves. The members have voted to only to fund Partial Reserves for the 2020 Fiscal Year at 3% of the annual budget.

In order to maintain consistency of reporting, Royal Park Condominiums will provide the Short Form (Limited Review) provided by Fannie Mae/Freddie Mac.  This form has an effective date of March 2016 and is publicly posted on the Condo, Co-op, and Planned Unit Development (PUD) Eligibility page at Fannie Mae’s web site.

Additional information not specified by the Short Form or within our financial documents, but required by the lender, may be obtained through a separate request for such information.

Condo Questionnaire Fees:

  • $175 for Standard Delivery within 10 Business Days
  • $300 for Expedited Delivery within 3 Business Days

Mail your questionnaire and payment to:
Armando Meneses, Property Manager
Royal Park Condominiums
119 Royal Park Drive #1A
Oakland Park, FL 33309

You may Fax or Email the questionnaire along with a copy of the check if it is to be expedited:
EMAIL Armando Meneses, Office Fax: 954-731-4341