right of first refusal
From: martin henner (mhennercomcast.net)
Date: Tue, 10 Oct 2006 10:21:01 -0700 (PDT)
Another option regarding the right of first refusal is to give that right not to the HOA, but to all of the other current residents in the cohousing community.

Often, a current resident will want to move to a larger or a smaller home, or one that is quieter or better located in some fashion. This may start a few such shifts, like dominos.

Then finally, a unit would be sold to an outsider, but that sale would be made by a seller who is remaining in the community, and who thus has a strong interest in finding a buyer who shares the groups values.

Martin Henner
henner [at] impartial.com

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