Build a complete board-package checklist
Answer a few questions about the building, financing, and purchase structure to create a tailored checklist with explanations, progress tracking, and a printable package index. No account or email is required.
Part of the Seller Money Center
Organize the package without storing the documents
- Select the building and transaction type. Choose co-op, condominium, or condop and describe the purchase structure.
- Enter financing information. Select cash or mortgage financing and record known planning details.
- Select purchaser circumstances. Add neutral transaction circumstances that affect document categories.
- Review the tailored checklist. Generate and review every included item and explanation.
- Add the managing agent’s requirements. Record the official checklist date and add building-specific items.
- Track each item. Update statuses, dates, responsibility, and confirmation.
- Review missing and inconsistent items. Use metadata-only checks to plan follow-up.
- Print the document index. Create a numbered package index with blank page fields.
- Optionally email the checklist. Request a PDF only if you want to create an Inquiry and receive it by email.
The managing agent’s current application and instructions govern. This planning tool may include items a building does not require or omit building-specific requirements.
For current fair-housing information, review the NYC Commission on Human Rights protected-classes guide and HUD’s Fair Housing Act overview.
Frequently asked questions
What is a co-op board package?
It is the building-specific set of forms and supporting records requested for a co-op purchase application. The managing agent’s current package controls.
What is a condo application package?
It is the set of building forms and transaction records used for a condominium’s application or waiver process. It should not be treated as identical to a co-op package.
What is a condop?
A condop combines condominium and cooperative structures. Application procedures vary substantially, so confirm which process applies to the unit.
Are co-op and condo packages the same?
No. Their governing structures and building processes differ, and requirements vary further by building and transaction.
What documents are usually included in a co-op board package?
Common categories include building forms, a financial statement, income and asset records, references, contract records, and financing documents. The official instructions determine the actual list.
Do co-op boards require tax returns?
Many application packages request tax records, but this tool does not state that every building does. Follow the current written package.
How many years of tax returns are commonly requested?
Requirements vary. Do not rely on a generic number; record the years listed by the managing agent.
Why do buildings request bank and investment statements?
They may be used to confirm financial information requested in the application. This tool does not inspect or evaluate them.
What is a personal financial statement?
It is a form summarizing financial information in the format requested by the building. Do not enter its balances in this tool.
What is post-closing liquidity?
It generally refers to assets remaining after the transaction, but definitions and expectations vary. Confirm the building’s method with professionals.
What documents are needed for a mortgage-financed purchase?
Common planning items include preapproval, commitment, conditions, lender questionnaires, and applicable recognition agreements. Lender and building instructions govern.
What is a co-op recognition agreement?
It is an agreement commonly used among a co-op corporation, shareholder-borrower, and lender. Obtain the building’s and lender’s required form.
What documents are commonly required from self-employed purchasers?
Packages may request business returns, an accountant letter, and a profit-and-loss statement. Requirements vary.
What documents are needed when gift funds are used?
The builder adds planning items for a gift letter, donor evidence, source confirmation, and transfer records when selected.
What documents may be required from a guarantor?
A building may request its guarantor application, agreement, financial statement, tax records, and employment verification. Confirm whether guarantors are permitted.
Are pied-à-terre purchases allowed?
That is building-specific. The tool adds an explanation and policy-confirmation reminder but never says the use is permitted.
Can a purchaser plan to sublet the apartment?
Subletting depends on governing documents and current policy. The tool only organizes confirmation and explanation items.
How many reference letters are needed?
The number and type vary. Enter the requirement from the managing agent’s current checklist.
What should a reference letter include?
Follow the building’s instructions. Neutral guidance can cover relationship length, reliability, professionalism, factual examples, and contact information.
Can I use this tool to write reference letters?
No. It tracks requests and basic checks; it does not create or store letter content.
Does the tool review my financial qualifications?
No. It does not calculate debt-to-income, score financial strength, or evaluate qualifications.
Does the tool predict board approval?
No. It never predicts, ranks, or guarantees approval.
Does a 100% checklist mean my package is complete?
No. It means every applicable tracked item is marked ready. Confirm the package against current written instructions.
Does Botway submit the package?
No. This tool does not transmit documents to a board or managing agent.
Can I upload financial documents?
No. V1 intentionally has no document-upload function.
Where is my checklist saved?
By default it is saved only in this browser on this device and may be erased with browser data.
Can I create more than one checklist?
Yes. You can create, name, duplicate, archive, export, import, and delete multiple local checklists.
Can I add requirements from the managing agent?
Yes. Add building-specific items and mark canonical items confirmed or not applicable.
Can I print a package index?
Yes. The index includes a blank page-number field for manual completion.
Can I email the checklist to myself?
Yes, optionally. That explicit request creates one Botway Inquiry and sends a PDF.
Do I need to provide an email?
No. Setup, tracking, local saving, copy, print, JSON backup, and CSV export are ungated.
Which checklist controls if this tool differs from the managing agent’s instructions?
The managing agent’s current application and instructions govern.
Is the builder legal or financial advice?
No. It is an educational and organizational tool and not legal, tax, accounting, lending, insurance, or fair-housing advice.
Does Botway provide board-package assistance?
Botway’s seller service describes board-package support where applicable as part of transaction execution. Availability depends on the engagement; no completion or approval outcome is promised.
What this covers
- What it answers
- Create an organized co-op or condo board-package checklist from entered transaction facts.
- Who it is for
- Owners getting ready to sell.
- What it does not cover
- Legal, tax, and accounting advice. The result is an estimate for illustration.