If you are interested in purchasing a membership and moving into the Cooperative, you may obtain an application from our Office or you may print one from the website. A $75.00 application fee, which is used to process your application, is required when you return your application to the Office. This application fee is non-refundable. Upon receiving this application, the guidelines and criteria set forth by the Board of Directors in qualifying to purchase a membership share, is submitted for approval to the Cooperative. After your application is approved you may go forward with a purchase of an available unit a member is marketing for sale. Usually available units are listed with Realtors but other times the share member is selling the unit share themselves, “For Sale by Owner”. For sale on the open market is the only way units are sold, as there is no waiting list held by the Cooperative, and it is solely the responsibility of the leaving member to sell or gift their unit out of their name and obligation to the buyer, in writing.
Sales are strictly between the buyer and seller. The Cooperative only handles the Occupancy Agreement; after the buyer is approved and the real estate sale is completed.
At the time of closing each member indicates their intention to join the Cooperative by signing the Occupancy Agreement and understand and agree to the By Laws, Occupancy Agreement and the Book of Rules and Regulations of Carriage House Cooperative. Any other residents who will be living in the unit with the Member must also be approved by the Board of Directors and may sign the Occupancy Agreement as a resident. All Members will be responsible for the residents who also must agree to live in the Cooperative according to the above mentioned requirements. This agreement of membership will stipulate responsibilities and obligations and the Membership Certificate certifies the membership ownership rights in Carriage House Cooperative.
In addition to the purchase price of the unit, the purchaser must pay a one- time membership fee to Carriage House Cooperative.
Any improvements the outgoing member has done to the unit with an alteration approval permit must be included in the sale price only with the purchaser. The cooperative is not responsible to the seller for any cost of improvements and is responsible to the buyer for the building maintenance code only. At the time the buyer signs the Occupancy Agreement a move in inspection is performed and the unit’s condition is recorded and the buyer signs they approve the condition and take the unit in an ”as is” condition.
What Can I Expect in Maintenance Service?
Routine maintenance is provided by the Cooperative maintenance staff for all things that are “standard equipment” in the dwelling units, including the stove, refrigerator, water heater, furnace, and all plumbing and electrical systems. Snow removal, grass cutting and 24 hour emergency service is also provided. The Cooperative does expect that each family will take normal care in the upkeep of their unit. The Cooperative conducts annual inspections of all of the units to assure that they remain safe and sound. Repair / or replacement as a result of damage or neglect will be charged to the member.
Rules, Regulations and Policies
A “Member Handbook” is given to all members prior to the date of their closing. This book details the policies, rules and regulations of the Cooperative as well as gives you information about your townhouse and the Cooperative.
Each townhouse is assigned one numbered parking spot. The numbered space shall be reserved for the sole use of the residents of that unit and not to be used by anyone else without prior permission.
Dogs and cats are not permitted at Carriage House Cooperative.
Smoking is not permitted inside the unit.
The Cooperative assumes the responsibility for payment of the mortgage, if any, trash collection, water, gas and basic cable tv, and routine maintenance costs.
Come see all of the advantages that Carriage House Cooperative has to offer.