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Main-Gerrard Housing Co-operative |
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Commitment to Active ParticipationAfter we receive your completed application form the Co-op will review the information provided and conduct a credit check. Income verification will be reviewed carefully. Following this you will be contacted to set a date and time for an interview. Two members of the Co-op's Membership Committee will interview you. The purpose of this interview is to get an impression of you as a potential member and for you to understand Co-op living. The interviewers will consider your willingness to participate and your potential as a good neighbour. Usually they will recommend acceptance as a future member. If one or both interviewers have any doubts about: your understanding of what a housing co-operative is; your willingness to be an active member; or your consideration for other members you may be invited to a second interview or may not be recommended for membership. Living in a residential co-operative can be fun, interesting and rewarding. There is certainly a sense of security not felt in a rental unit. There is the added advantage of feeling part of a community. This does, however, require a commitment of some of your time and energy. This may not be an ideal situation for everyone. This would be a good time for you to give serious thought to the commitment you are in the process of making. While most people have the right to live in a Co-op, it is equally important to know that with that right you will also have responsibilities. You should note that housing co-operatives do not fall under the Landlord and Tenant Act, rather they are governed by the Co-operative Corporations Act. Please consider the following carefully before signing the following statement. You should be aware that this is not a legal document but rather a declaration of your understanding, commitment and intent.
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