Re: Rental policies?
From: Muriel Kranowski (murielkvt.edu)
Date: Thu, 10 Nov 2011 12:38:47 -0800 (PST)
Kay, I don't understand the last point in your proposed update that says only units owned by resident Owner Members may become rental units. Is a household that needed to move for a job but hasn't been able to sell their house considered "resident" owners or not? Who is being prohibited from renting out a house by this rule?

    Muriel
    Shadowlake Village

At 03:00 PM 11/10/2011, Kay wrote:
10.3.5          Resident Owner Restriction.
In order to protect the cohousing organizational structure of the
community, which is dependent upon voluntary participation in
community life, only units owned by resident Owner Members may become
rental units. No rental units may be owned by absentee landlords
except as permitted under 10.3.3 Grandfather Clause: Pre-existing
Rental Exception or 10.3.4 Exception.

Kay
Meadow Wood Cohousing
www.mwcondo.com


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