Common use of DAMAGE BY FIRE, ETC Clause in Contracts

DAMAGE BY FIRE, ETC. (a) If there is a major damage affecting a large number of units, the Board will examine the situation and propose a solution. The membership will make the final decision in the members’ meeting. (b) If only one or a small number of units are damaged, the Board will consult with the members living in the units to deal with the situation. If the members do not agree with the proposed solution, the membership will make the final decisions in a members’ meeting. These decisions will have priority over the Member Approval and Unit Allocation By-law (for example, in questions about priority on a waiting list). The Board and Members will consider questions such as the following: Should the unit be repaired? How quickly? When will the member be required to move out? When will the member be entitled to move back? Will there be any charges to the member during the period? Are there any available units that the member can occupy until their unit is repaired? Should there be any priority on the Co-op’s external waiting list? (c) The Co-op does not have to provide a housing unit or pay for increased housing charges, or rent to an outside landlord, or any other costs because of damage.

DAMAGE BY FIRE, ETC. (a) If there is a major damage affecting a large number of units, the Board will examine the situation and propose a solution. The membership will make the final decision in the members’ meetinga Members' Meeting. (b) If only one or a small number of units are damaged, the Board will consult with the members Members living in the units to deal with the situation. If the members do not agree with the proposed solution, the membership will make the final decisions in a members’ meetingMembers' Meeting. These decisions will have priority over the Member Approval Selection and Unit Allocation By-law No. 31 (for example, in questions about priority on a waiting list). The Board and Members will consider questions such as the following: Should the unit be repaired? How quickly? When will the member Member be required to move out? When will the member Member be entitled to move back? Will there be any charges to the member Member during the period? Are there any available units that the member Member can occupy until their unit is repaired? Should there be any priority on the Co-op’s 's internal or external waiting list? What financial assistance to be provided for member? (c) The Co-op does not have to provide a housing unit or pay for increased housing charges, or rent to an outside landlord, or any other costs because of damage.