What do we use for the CRA address on a boat purchase [equipment] when the main office of the business is inland? Port address, slip address, retail shop on the water address, etc. Or maybe I should ask if we can use the inland address if there is no other address?
The reg says you choose (be consistent, not pick and choose loan by loan) between main business office address or "use of proceeds" address - and you could pick what "proceeds" address is for the boat. You might find that those three (port, slip, shop) are in same tract.
_________________________ Kathleen O. Blanchard, CRCM "Kaybee" HMDA/CRA Training/Consulting/Mapping The HMDA Academy www.kaybeescomplianceinsights.com