Common Contracts
1 similar Recognition Agreement contracts
Aztech recognition agreement form pdfRecognition Agreement • May 28th, 2021
Before developing and using Aztech`s recognition agreement today, lenders would negotiate directly with developers and co-op converters to create customized documents that would allow financing for individual shareholders. An “Aztech Recognition Agreement” or “Aztec” is an agreement between you, your lender and koop, and determines what happens when you stop paying for maintenance and/or mortgages. It is necessary to finance the acquisition of a co-op. While you`re signing the Aztecs, this is really just confirmation. It doesn`t require you to do anything wrong. The term comes from the company that makes the forms Aztech Document Systems aka and sometimes writes Aztec document systems. The correct name of the document is the recognition agreement. Just as a standard leasing is often called Blumberg leasing, because Blumberg makes it the form. The Aztecs will arrive signed by the bank. You sign and submit them with your request for cooperation and, finally, a member of the board of dire
