(As revised and approved by the Board of Directors 2017) 1. Submitting Deposits: The following provisions shall govern submission of member deposits and NASCO membership fees. A. NASCO Membership Fees 1. All resident members shall submit a one-time NASCO membership fee of $40. This fee is due upon move-in. This fee is non-refundable. B. Resident Member Deposits.
C. Boarder Member Deposits.
2. Refunding Deposits The following provisions shall govern refunds of membership deposits. A. Should a member leave after having given thirty (30) days' written notice to the house Membership Coordinator, return all keys and SCA property, leave their room and appropriate property clean and in good condition, and properly submit a check-out form, the member shall be eligible to receive a refund of their deposit and overpaid membership fees. SCA shall reserve the right to assess fines, debts, or cleaning or property replacement fees deductible from the deposit. Cleaning and property replacement fees shall be determined by reference to the member's check-out form. B. A member who terminates on fewer than thirty (30) days' notice shall be assessed prorated membership fees for thirty (30) days after written notice is submitted to the house Membership Coordinator, or expiration of their contract, whichever is first. C. Should a member leave the SCA without giving a 30 days' notice, the member shall not be eligible for a return of their deposit. In the case of emergencies, member may appeal to the board of directors for a partial or full refund of their deposit. D. In all of the above cases, a portion of the deposit ($25.00) will be kept if the member does not clean their room upon moving out. This $25.00 will be credited to the house maintenance account to cover the costs of cleaning, painting, and repairing any damage to the room. "Clean" shall be determined at the House Membership Coordinator's discretion, and marked in the appropriate section of the check out form. If the damage exceeds $25.00, the Membership Coordinator should make a note of it and the SCA business office should charge for the damages accordingly. E. If a member is a cosigner on another member's promissory note, the deposit of the member-cosigner will be held until the promissory note is paid in full. F. SCA shall submit an accounting of a former member's deposit and deduction and any refund due, within thirty (30) days of the member's terminating tenancy or submitting a check-out form, whichever is later. If a former member does not submit a check-out form within ninety (90) days of termination, any amounts due the member by SCA are forfeited to SCA. |