To Perspective Members:

Good cause for disapproval by the Association (through the Board of Directors or the Review Committee) of any prospective transfer of a membership to potential purchaser shall include, but not be limited to, the following violating behaviors:

• The applicant(s) seeking approval have failed to submit a Membership Application form, as promulgated by the Board of Directors or the Review Committee, or have submitted an incomplete Membership Application form
The applicant(s) seeking approval have materially misrepresented or falsified any fact or information upon the Membership Application form, or otherwise in the review process, such as misidentifying the persons who shall occupy the unit (occupants must be listed and their occupancies reviewed and approved).
• Credit, income, eviction or criminal history concerns.
• The applicant(s) seeking approval, or the seller on their behalf have failed to pay any transfer fee levied by the Association.
• The applicant(s) seeking approval have failed to make an appointment for or to attend a Review Committee screening.
• The applicant(s) seeking approval have not agreed to, or failed to provide or release any background investigation or reports that may be required by the association in its review of the proposed transfer.
• Moreover, after association initial approval of membership transfer; the association retains the authority to subsequently disapprove said transfer upon any discovery of good cause for disapproval. In this regard, the association may take advantage of all equitable remedies available to it including, but not limited to (1) transferring the membership back to the association, (2) ejecting, evicting or otherwise dispossessing occupants from the unit and (3) bringing legal or equitable action against the occupants for all association costs in such actions or any other remedies available to reverse transfer.

Authorization to Release All Requested Information to MICHA

I (We) do hereby authorize the release of all requested information to the Merritt Island Cooperative Housing Association Inc. (MICHA) for complete investigation of my credit, past residences, police and criminal report, employment, all income and personal references.

I understand, the following documents must be submitted with my application:

1. Drivers License/State ID
2. Social Security card
3. Vehicle/s Registration and Insurance card
4. Accepted Proof of income: Current letter from; Social Security, SSI, Pension, Annuities. 2 years of: Current income tax returns, W-2’s, 1099’s, Unemployment payments.

I understand that my application for residence at MICHA will be fully reviewed by the office. I will then be interviewed by the MICHA Membership Committee, as part of the process. Any inaccuracies and/or omissions may be grounds for immediate cancellation of mv application. Based upon the information gathered by the investigations, my completed application and my interview, a decision will be made either to approve or disapprove my application for Residence at MICHA.

I understand that my application fee of $75.00 for applicant and $35.00 for co-applicant is Non-refundable and the process will not begin until the payment has been received. The check can be dropped off in the secure mailbox on the back door of the office or mailed to the office address: 235 N. Banana River Dr. Merritt Island, FL 32952.

I further understand that the electronic signature below serves as my written signature and approval of my application does not constitute my immediate placement within MICHA.