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WAITING LIST POLICY AND PROCEDURE |
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PURPOSE The Waiting List Policy is to provide Management with a fair and consistent procedure for dealing with Residents and Non-Residents who are waiting for an apartment at Fred Douglas Place. A "WAITING LIST" is established for each type of apartment at Fred Douglas Place and is recorded on a Waiting List form. PROCEDURE 1. If a potential Resident has completed a tour of the apartments, and if there is no vacancy for the type of apartment they want, they may wish to complete a Waiting List Application. 2. A Waiting List Application Fee of $500.00 is required, and will be applied to the Entrance Fee. The fee will be refunded to any applicant whenever they request the removal of their name from the list. No interest will be paid. 3. The order of names on the Waiting List will be determined by the date on which the Application form and fee are received. Current Residents of Fred Douglas Place will have priority over non-Residents, unless there is a discrepancy in the application date. (e.g. non-Resident has been on the list since 1995, current Resident decides they want a smaller apartment and completes an application form in 1998; non-Resident should have priority) Current Residents will be indicated on the Waiting List by showing their apartment number after their name. 4. When a vacancy occurs, Management will begin contacting those on the Waiting List whose choice matches the vacancy, using the date of Application as a guideline. If the person contacted refuses the apartment, their name will be moved to the bottom of the list. 5. If a Waiting List Applicant indicates an interest in a Vacancy, payment of the Development Fee of $2,000.00 is required. They will receive a copy of the current Sublease as well as required financial documentation. There is a seven day cancellation clause. 6. Sublease documents will be signed at the end of the seven days and occupancy is required to coincide with the current Resident's notice period up to a maximum of sixty (60) days. The balance of the Entrance Fee is required to be paid thirty (30) days prior to move in. 7. When Residents move from one apartment to another within Fred Douglas Place, part or all of the Waiting List Fee will be applied to the restoration of the original suite. Download Waiting List Application Form (Microsoft Word format 1.8MB) |
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