Re: Membership sale agreement questions | <– Date –> <– Thread –> |
From: Larry Henson (lwhinnerdoor.austin.ibm.com) | |
Date: Wed, 20 Apr 94 10:17 CDT |
The discussion on this topic has solidified what I think should be the structure for Violet Crown. I like the way Sharingwood has done things. I have a question for Rob. What is the relationship between the coop and the condo association. Is the development financed through a single loan or can each unit be built by its prospective owner? Here is what I believe to be a reasonable way to proceed. Any criticisms? 1. Concurrently, find land and research incorporation as a coop. 2. Incorporate as a copp. 3. Get members with membership fees to purchase land purchase. 4. Purchase land. 5. Concurrently, subdivide land, impose deed restrictions, and design common area layout. 6. Concurrently, sell lots, get purchase agreemnts, design strutures, and find builder. 7. Get construction financing. 8. Break ground. I am not clear on how the condo association fits in. Larry Henson Violet Crown Cohousing Austin, TX
- Re: Re: Membership sale agreement questions, (continued)
- Re: Re: Membership sale agreement questions Stephen Hawthorne, April 19 1994
- Re: Membership sale agreement questions Jim_Snyder-Grant . LOTUS, April 19 1994
- Re: Re: Membership sale agreement questions Stephen Hawthorne, April 19 1994
- Re: Membership sale agreement questions Rob Sandelin, April 19 1994
- Re: Membership sale agreement questions Larry Henson, April 20 1994
- Re: Membership sale agreement questions Rob Sandelin, April 20 1994
- Re: Membership sale agreement questions Rob Sandelin, April 20 1994
- Re: Membership sale agreement questions Stephen Hawthorne, April 20 1994
- Re: Membership sale agreement questions Rob Sandelin, April 20 1994
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