Membership

Greenbriar members are expected to actively participate in the operation of the community. While there are any number of ways in which a shareholder may contribute to the cooperative, all members are required to join at least one committee and/or volunteer in some other tangible way. Members must also pay their monthly carrying charges in a timely manner; carrying charges cover all the costs of running the co-op.

Greenbriar provides its members with central heating and air conditioning, water, sewer, garbage collection, and recycling services. Each unit has washer/dryer hookups, a stove, and a dishwasher, all of which the co-op maintains, along with the plumbing. Shareholders must supply their own refrigerators, washers and (electric) dryers, and are responsible for electric, gas, phone, and internet utilities.

Becoming a Member

Each potential occupant, 18 years of age and older, must complete separate applications. The nonrefundable fee for each applicant is $55.

Please be thorough and complete in filling out the application. It will be used to verify your employment and housing history and will serve as your agreement for Greenbriar to conduct a credit check.

Prospective members must have a combined household income of at least three times their prospective monthly carrying charge, as well as a minimum credit score of 680.

Orientation Interview

Once your income and background have been verified, you’ll be placed on the waiting list to attend an orientation interview. The interview will help members of the Orientation Committee to determine whether you’ll be a good fit for the co-op, as well as give you an opportunity to ask questions about Greenbriar and how it works.

Afterward, the Orientation Committee will give its report to the Board of Directors, which makes the final decision about whether you’ll be accepted into the community.

Acceptance and Waiting List

You’ll be notified when the Board of Directors has made its decision. If you’ve been accepted, you’ll likely be put on the waiting list for the type of unit you’ve requested (2- or 3-bedroom) — they are seldom immediately available.

When you reach the top of the waiting list and we learn that a unit will soon be available, you’ll be given the opportunity to view and accept it. If you don’t want that particular unit, the chance to move into the unit will be given to the next person on the list. You will not lose your place on the waiting list if you decline to occupy a specific unit.

Purchase Agreement and Deposit

Once you decide to accept the unit offered to you, you’ll be asked to sign a purchase agreement and give Greenbriar a $500 deposit.

Closing

When your unit is ready for occupancy, you and management will agree on a closing date and time, at which point you’ll be asked to pay the current share par value in full (less the $500 deposit) and your pro-rated carrying charges for the current month with a cashier’s check.

At that point you’ll become a full member of Greenbriar. We look forward to being your neighbors and working with you!

Please don’t hesitate to contact us at any point if you have any questions about the application or process — or if we can be of help in any other way.