When I was a tenant, I used to flush dental floss.

These are standard procedures.- Contact your Escrow company through the TC.

Survey would have shown that.But back to the instant situation... title insurer collects from title E&O if lack of authority falls on shoddy title procedures.

In other words, records must be maintained "in a manner so that the assets of the series can be reasonably identified by specific listing, category, type, quantity, or computational or allocational formula or procedure."

They do their calculation following a set and cosistant procedure.

I am trying to understand the procedural requirements and would like to discuss with someone with prior experience.

That is pretty typical standard operating procedure throughout the country.  

Be aware that there are other California code regulations that also must be followed.Most states would consider the sale of fractionalized interests a securities offering, not have a specific procedure for it other than the general securities offering procedures. 34 states have adopted exemptions for private placements similar to the SEC general exemption for private placements.

I'd add that you want to be very clear with roles and responsibilities and have clear procedures in place.- Formalized call lists for vendors for issues- Standardized service levels for owner clients- Generic email templates- Standardize interactions for comping guestsetcAs I was telling one of my team yesterday, we want to have as little to keep track of as possible.  

On the smaller banks...like a hometown bank...I'd just call and ask for asset manager or loan department and start from there...90% of the time 1st person who answered would point me to the right person.....who would then talk to me....and either tell me how to make offer, or tell me their procedure and who would be getting the listing....then your buyer's agent makes an offer to/thru that agent.What is your idea for contacting them?