Help with W9 and Ledger for a Lien

Hello,

I am a member of a small, 4-unit condo HOA. We are self-managed, due to size.

One of our units has gone into foreclosure, and we've been working with a lawyer to handle the Lien and all that good stuff.

A realtor from the bank (that now owns the unit in question) has contacted us, asking for a W9, as well as documentation of the delinquent fees. Our lawyer has recommended that we handle filing these ourselves, to keep legal fees down. That's fine, as it seems easy enough, but I'm hoping someone can help me with some of the details:

1) For the W9, which of those checkboxes is the correct one for an HOA? Is an HOA a technically a corporation or a partnership? What is that "Exempt payee" for?

2) For the breakdown of delinquent fees, is there some kind of specific format? Or is any old excel spreadsheet documenting the missing fees, with late fees and other fees (e.g. legal fees for the lien) sufficient?

Thanks very much for the help!

cheers,
Tamas

Hi Susan,

Thanks for the reply. I've read the W9 instructions, and they don't really answer my question. In the section with the checkboxes (with the various business types), is a HOA one of the existing types (i.e. is an HOA technically a partnership, etc.) or do I check "Other" and enter "Homeowners Association"? Google is not helping with HOA-specifics for W9 form fields, which is why I was hoping someone here would know off the top of their heads which box the X has to go into.

cheers