Property Identification
Parcel ID, full street address, legal description, and current owner or managing entity for unambiguous identification.
Completing the questionnaire reduces closing delays, supports accurate underwriting, and helps identify code or permit issues before they become liabilities. Proper completion creates a documented record that parties can rely on during title review, insurance underwriting, and lender assessments while aligning with electronic record standards under ESIGN and UETA where applicable.
Typical contributors include property owners, property managers, brokers, third-party inspectors, and legal or compliance teams who supply factual answers and supporting documents.
Collating inputs from these contributors early in a transaction reduces rework and speeds lender, insurer, and title reviews.
An authorized owner or corporate officer who can legally bind the property owner. Provide name, title, and proof of authority—corporate resolution or ownership record—so signatures are accepted by lenders and title companies.
A property manager or designated agent permitted to act on the owner’s behalf. Attach written authorization or power of attorney and include contact details for verification during underwriting and closing.
Parcel ID, full street address, legal description, and current owner or managing entity for unambiguous identification.
Current tenants, occupancy rates, lease types, and primary use of space to assess income stability and permitted use.
Age and condition of HVAC, electrical, plumbing, elevators, and fire protection systems; recent upgrades and maintenance history.
Open permits, code violations, outstanding notices, and corrective actions taken or required by local authorities.
Known environmental concerns, asbestos/lead reports, flooding history, and remediation documentation if applicable.
Attached surveys, inspection reports, certificates, photos, and permit copies that substantiate responses and reduce follow-up.
| Field | Configuration |
|---|---|
| Authentication | Email link, SMS code, or knowledge-based verification |
| Conditional Logic | Show permit fields only if 'Yes' to permit questions |
| Attachments | Allow PDF, JPG, PNG; set max file sizes |
| Notifications | Automated alerts for incomplete sections and signer reminders |
Select a platform that provides tamper-evident signed PDFs, retention controls, and integrations with your document management or closing systems to centralize records and preserve the audit trail for regulatory and title reviews.
Provide the completed questionnaire at least 7–10 business days before closing for lender review.
Lenders typically reserve 3–5 business days to evaluate answers and request clarifications.
Schedule physical inspections within 5–15 days after questionnaire submission to align with closing timelines.
Underwriters may require completed questionnaires before issuing binders; allow 3–7 business days.
Retain signed questionnaires per corporate retention policy and regulatory requirements.
Collect all source documents and initial property data for entry.
Compliance, legal, and property teams review and flag exceptions.
Third-party inspectors confirm physical conditions and systems.
Signatures obtained, package finalized, and stored in records.
| signNow | DocuSign | Adobe Sign | PandaDoc | HelloSign | |
|---|---|---|---|---|---|
| Starting Price | $8/user/mo | $15/user/mo | $14/user/mo | $19/user/mo | $15/user/mo |
| Free Trial | 7-day free trial | Varies by vendor | Varies by vendor | Varies by vendor | Varies by vendor |
| Bulk Send | Yes | Yes | Yes | Yes | No |
| Audit Trail | Yes | Yes | Yes | Yes | Yes |
| HIPAA Compliant | Yes | Yes | Yes | No | No |
| Envelope Cap | No cap | 100 envelopes/user/year | Varies | Varies | Varies |
Tim Martin used the questionnaire to centralize due diligence and reduce follow-ups.
Optica standardized intake across properties to make reviews consistent.