Get Bro 0372 1999-2026

Filling out the BRO 0372 form, also known as the Gift Letter and Affidavit for Pooled Funds, is an essential step for individuals pooling resources to purchase property. This guide will walk you through each section of the form to ensure that you complete it accurately and efficiently.

Follow the steps to successfully complete the BRO 0372 form online.

1. Press the ‘Get Form’ button to acquire the form and open it for editing.
2. Begin by entering the originating lender's name in the designated field at the top of the form.
3. Next, fill in the borrower(s) name(s). Ensure accuracy as this information is essential for identification.
4. Type the property address where the pooled funds will be applied. Make sure all details are correct.
5. In the 'Borrower(s) Certification' section, confirm your relationship as a member of an extended family of related persons pooling funds.
6. List the names, relationships, addresses, and telephone numbers of all contributing relatives in the spaces provided.
7. In the 'Contributing Relative Certification,' indicate the total amount of the gift that will be applied toward the purchase.
8. Specify the date when the gift funds were given or will be given. It is crucial to detail this for clarity.
9. Affirm that there is no expectation of repayment for the gift by checking the appropriate box or stating it clearly.
10. Provide your present address and the area code along with your telephone number in the designated fields.
11. Have all participants (borrowers and contributing relatives) sign and date the form in the 'Borrower(s) and Contributing Relative Certification' section.
12. Ensure you attach appropriate documentation to demonstrate a history of shared residency as required.
13. Finally, save your changes, download, print, or share the completed form as needed.

Complete your documents online now to ensure a smooth property purchase process.