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unit_turnover [2019/06/20 19:42]
larry 2017 update
unit_turnover [2019/06/20 19:58] (current)
larry footnotes
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 +====== Unit turnover ======
 +
   - Give notice: Vacating member will submit an **Intent to Vacate Form**, indicating the date the unit will be available 60 days in advance of moving out.   - Give notice: Vacating member will submit an **Intent to Vacate Form**, indicating the date the unit will be available 60 days in advance of moving out.
   - Management will schedule a unit inspection within one week of receiving the **Intent to Vacate Form** to make a work order checklist.   - Management will schedule a unit inspection within one week of receiving the **Intent to Vacate Form** to make a work order checklist.
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   - Painting (also refer to **Unit Upgrade** policy)   - Painting (also refer to **Unit Upgrade** policy)
     - If the unit is not painted in accordance with the Unit Upgrade Policy, member is responsible to bring unit into compliance     - If the unit is not painted in accordance with the Unit Upgrade Policy, member is responsible to bring unit into compliance
-    - During pre-move-out inspection, management will denote on the **Maintenance Move-Out Checklist** any areas that require attention from vacating member before the final move-out inspection. This may include normal wear and tear at the discretion of Management. Incoming member may sign off on any item they wish to keep going forwards. +    - During pre-move-out inspection, management will denote on the **Maintenance Move-Out Checklist** any areas that require attention from vacating member before the final move-out inspection. This may include normal wear and tear at the discretion of Management. Incoming member may sign off on any item they wish to keep going forwards.((Management may encourage painting in neutral room colors to expedite marketing of a unit.  If the departing member finds a tenant that wants to keep the style, the Maintenance Move-Out Checklist will specify what painting will and will not be done before move-in and the new member will sign-off on that document.))
     - If vacating member is required to paint prior to moving out they will be informed of this in writing via the **Maintenance Move-Out Checklist**. Vacating member may procure written consent from incoming member for conditions of walls to be kept “as is,” or for specific elements to be left “as is.”      - If vacating member is required to paint prior to moving out they will be informed of this in writing via the **Maintenance Move-Out Checklist**. Vacating member may procure written consent from incoming member for conditions of walls to be kept “as is,” or for specific elements to be left “as is.” 
    - If vacating member has not completed necessary painting by final unit inspection, management will have unit professionally painted and billed to the vacating member.    - If vacating member has not completed necessary painting by final unit inspection, management will have unit professionally painted and billed to the vacating member.
   - Any damage caused by vacating member (or their guests) will be billed to the vacating member.   - Any damage caused by vacating member (or their guests) will be billed to the vacating member.
   - The board of directors must approve any management-recommended replacements (including but not limited to floors, appliances, windows, cabinets, countertops, and fixtures).   - The board of directors must approve any management-recommended replacements (including but not limited to floors, appliances, windows, cabinets, countertops, and fixtures).
-  - Management will determine whether the unit will be available immediately after the member vacates.+  - Management will determine whether the unit will be available immediately after the member vacates.((This rule is in place in the event that Management or the Board of Directors deem the unit require more extensive refurbishing between tenants. If this option is pursued it does not excuse the vacating member from their responsibilities for damages or cleaning.))
   - If unit is deemed immediately available, vacating member will be responsible for unit and dues 1) for 60 days following notice of move-out, or 2) until it is filled by the incoming member (whichever comes first) and must make a good faith effort to sell the unit.   - If unit is deemed immediately available, vacating member will be responsible for unit and dues 1) for 60 days following notice of move-out, or 2) until it is filled by the incoming member (whichever comes first) and must make a good faith effort to sell the unit.
     - Management will determine the new unit dues of the unit based on unit inspection.      - Management will determine the new unit dues of the unit based on unit inspection. 
-    - Management will give vacating member marketing materials and waiting list. These materials will be provided to vacating member within one week of pre-move out inspection. Marketing materials should include:+    - Management will give vacating member marketing materials and waiting list. These materials will be provided to vacating member within one week of pre-move out inspection.((If marketing materials are not available for the unit, vacating member is responsible on generating materials and will turn them into management to be used and saved for future use.)) Marketing materials should include:
       - Revised dues amount for incoming member       - Revised dues amount for incoming member
       - Square footage of unit       - Square footage of unit
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     - If the vacating member has not sold their membership by the end of the 60 day period following notice of move-out, the cooperative will exercise its right to repurchase the membership at its original sale price. The former member’s responsibility for continuing dues will end at this time. Management will notify the board of directors that this option has been exercised.     - If the vacating member has not sold their membership by the end of the 60 day period following notice of move-out, the cooperative will exercise its right to repurchase the membership at its original sale price. The former member’s responsibility for continuing dues will end at this time. Management will notify the board of directors that this option has been exercised.
   - If management determines unit will not be immediately available, management will assume responsibility for re-selling unit and the vacating member’s responsibility for continuing dues will end immediately after the 60 day notice period.  The cooperative will exercise its right to repurchase the membership at the end of the 60 day period.  Management will notify and obtain Board approval to pursue this option.    - If management determines unit will not be immediately available, management will assume responsibility for re-selling unit and the vacating member’s responsibility for continuing dues will end immediately after the 60 day notice period.  The cooperative will exercise its right to repurchase the membership at the end of the 60 day period.  Management will notify and obtain Board approval to pursue this option. 
-  - Management will post notice of upcoming vacancy for current members according to the U**nit Transfer Policy**. +  - Management will post notice of upcoming vacancy for current members according to the **Unit Transfer Policy**. 
   - Vacating member must allow and accommodate maintenance, management, and/or vendors into the unit to make any necessary and reasonable repairs to unit as per the **Maintenance Move-Out Checklist** to prepare for incoming members or to show unit to prospective members. Management will provide reasonable notice of need of access to unit.    - Vacating member must allow and accommodate maintenance, management, and/or vendors into the unit to make any necessary and reasonable repairs to unit as per the **Maintenance Move-Out Checklist** to prepare for incoming members or to show unit to prospective members. Management will provide reasonable notice of need of access to unit. 
   - New members can move in at noon the day after the vacating member leaves.     - New members can move in at noon the day after the vacating member leaves.  
unit_turnover.1561084941.txt.gz · Last modified: 2019/06/20 19:42 by larry