PROSPECTIVE PURCHASER APPROVAL PROCEDURES

• Application authorizing the Association to conduct a criminal background check must be completed in detail by the proposed purchaser of a unit.
• Please include a copy of the purchase agreement.
• Upon completion of this form, you will be charged $75.00 (per person) processing fee.
• Association shall have 15 business days after receipt of I) Purchase Agreement II) Authorization to conduct criminal background check, and III) Payment of the applicable application fee to the Association to notify the unit owner whether the purchaser is approved or not. The Board may elect to have its Secretary review the results of the background check. As provided in the condominium documents, if the Association does not issue a notice of approval within 7 business days, then the Association shall be deemed to have approved the prospective purchaser.
• Occupancy prior to final approval is prohibited. Any owner who moves a buyer or another party into a home/lot without the association’s written approval will be subject to an immediate legal action.

Upon completion of this form, Applicant will submit the sum of $75.00 (per person) which is nonrefundable for Background check processing charge of the application. Applicant hereby represents that all the above statements are true and correct. The Association and/or agents are hereby authorized and given the right to verify by reasonable means the application, including, without limitation, ordering criminal reports. If the applicant has made any false or misleading statements or misrepresentations in this application, it is understood and agreed between the parties that in the event this application will be rejected and returned to applicant without refunds by the Association and/or its agents. It is further understood and agreed between the parties that in the event that said application is approved and accepted by the Association or its applicant refuse to enter into a purchase agreement the received sum will be retained by the Association or its agents.
SIGNATURES:
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