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The Mendota |
| Listed
below are a few of the Mendota's cooperative rules.* As provided by DC law, once
a buyer has ratified a contract to purchase a cooperative unit, he/she would
be provided with a copy of the most up-to-date and complete version of the
co-op rules,
given three business days to review those rules, and then given the
opportunity to cancel the
contract should he/she find anything objectionable within the rules during
that time period (provided, of course, that the documents are returned to the seller).
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Pet Policy |
Cats are allowed with board approval.
Specifically, the rules state: "No dogs or other noisy pets will be
allowed in the building." |
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Rental Policy |
With board approval, a unit owner can
rent out his/her unit after he/she has owned the unit at least one year.
The unit can be rented for up to 1 year at a time. The rules state: "For any apartment not occupied by the owner, the monthly assessment shall be increased by five percent (5%) of said monthly assessment payable to the corporation, if the apartment remains unoccupied. If the apartment is rented, the owner shall pay to the corporation a surcharge of fifteen percent (15%) of the monthly assessment." |
Washing Machines |
The building does maintain a laundry room
located in the basement, but washing machines can be installed within each
resident's unit. Specifically, the rules state: "Washing machines
installed in individual apartments must be front-loading,
low-water-consumption models and must be approved by the Board." |
| Moving Policy |
Specifically, the rules state: "All
move-in, move-out or delivery of furniture or of similar large items shall
be done through the Kalorama Road building entrance during the hours of
9:30 am to 5:30 pm, Monday through Friday. Such activity must be scheduled
at least five (5) days beforehand with the day building manager." |
| Moving Fees | Specifically, the rules state:
"Owners shall be assessed a fee of $300 for each move in/move out
($750 one way) when changing apartment occupants." |
| Title Transfer Fee | Specifically, the rules state:
"Owners shall be assessed transfer fees totaling $300 for each
transfer of title." |
Source: Mendota Cooperative Resale Package (August 2001)