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CHHA Refinancing Information

  1. The project is a Planned Unit Development (PUD), not a Condominium.

  2. Number of the following units in the project:
    Owner-occupied units:864
    Investor-owned units:44
    Second home units:0
    Developer home units:0
    Total908

  3. Does any one entity own more than 10% of all the units in the project? NO

  4. Are all units and amenities completed? YES

  5. Can the project be expanded by additional phasing or annexations? NO

  6. Is the owner's association currently a party in any type of litigation or public administrative action (including any violation of any environmental or public health statutes and laws or current environmental or public health litigation or adminstratvie action)? NO
    If yes, give complete details:

  7. Has control of the owner's association been turned over to unit owners? YES
    Date turned over: 1987

  8. Do the unit owners have sole ownership interest in and right to the use of the project facilities? YES

  9. Do the unit owners own the lot or land below the unit or an undivided interest in common land? They own the lot.

  10. Does the project permit daily or weekly rentals? Not applicable

  11. Is there a rental service or cleaning service for leased units? NO

  12. How many unit owners are delinquent more than 30 days in their unit assessment charges?
    As of 16 March 2005:
    Number:0
    Amount Delinquent:$0

  13. Have there been any special assessments within the last 2 years or are there any planned? NO

  14. Is there a "Master" or "Umbrella" Association? NO

  15. The recreational amenities include the following:
    TypePresent?Number
    Pool:Yes1
    Clubhouse:Yes1
    Tennis Courts:Yes2
    Other:No0

  16. Control of the Master Association's board has been turned over to the unit owners since what date: Not applicable

  17. Unit assessment/common charges for the Association: $210 for 2005.

  18. Insurance Information
    Name of Insurance Agent:Dick Ferraro, State Farm
    Telephone #:703-591-3400
    Address:
    11230 Waples Mill Road, Suite 140, Fairfax, VA 22030
    Length of Contract:One Year
    Renewal Period:Renewed Annually
    Cancellation Period:None

  19. Preparer Information
    Name of the preparer:Mary Kerr
    Title of the preparer:Secretary
    Telephone #:703-471-6767
    Date:16 March 2005
    Company name:Chantilly Highlands Homes Association
    Company address:
    P.O. Box 710238, Oak Hill, VA 20171-0238


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