Hints to Reduce Fire and Safety Deficiencies:
Hints for preparing property for inspection:
http://www.hud.gov/offices/reac/products/pass/PDFs/guidance4inspect.pdf
A few overlooked items, (an unlocked breaker panel box and/or the fire inspector forgetting to mark off the fire extinguisher inspection tag) can be the difference between a passing score and a failing score of under 60.
The consequences for an under 60 score will include a Notice of Violation
or Default on your HUD Business Agreement.
The consequences for two REAC Physical Scores under 60 can
be quite severe, including termination
of the HAP Contract, acceleration of the mortgage, etc.
No comments:
Post a Comment