|Re: Developer Model of Co-housing||<– Date –> <– Thread –>|
|From: Robin Allison (robin.allisonearthsong.org.nz)|
|Date: Thu, 3 Sep 2015 15:52:51 -0700 (PDT)|
I too would be very interested to hear any experience of cohousing that has arisen successfully in this way. I come across this situation a lot, where one family owns a property and would like to either create cohousing on it, or at least invite others to "share" the land and build community there. A transition is required at some stage to transfer the ownership and decision-making from the original owners to the cohesive group, and even with the very best intentions, it seems that this is a very tricky transition. If we believe that risk and control need to go together, then the land-owners need to keep some control while they are the only ones at (financial) risk. If they want to share the risk, they need to also share the control, and if a group wants to share the control, as in consensus decision-making, they need to also share the risk. Skin in the game, and all that. If there were successful strategies for making this transition, I think there would be a lot more cohousing in NZ. Thanks Robin Allison Earthsong Eco-Neighbourhood in New Zealand. www.earthsong.org.nz -----Original Message----- From: Cohousing-L [mailto:cohousing-l-bounces+robin.allison=earthsong.org.nz [at] cohousing.org] On Behalf Of ï»¿Sue Ellen Hiers Sent: Friday, 4 September 2015 7:51 a.m. To: cohousing-l [at] cohousing.org Subject: [C-L]_ Developer Model of Co-housing Are there any best practices for the situation where one party (call this person the developer) owns the land? My heart wants to be a part of such a forming co-ho but my brain says too much is undefined for money to start changing hands. And what is defined is unsettling. In fact if I didn't know the developers I would not even consider it. How can lawyers/consultants/architects, represent both sides of this transaction? By that I mean the money changing hands will be used to add value to the land (zoning changes, etc) that the members have no title to. Should the non-developer members hire their own lawyers/consultants to represent their interest? Should liens be put on the land for the value added? How can the group be protected in the event of the developer's death or incapacity? This model of co-ho seems ripe for affinity fraud because it appears to be based only on trust. Again the owners of the land (who are not professional developers) are long time friends of mine so I am not suggesting there is any fraud here.I would like to know what others who have faced or are facing this model have done. Regards, Sue Ellen _________________________________________________________________ Cohousing-L mailing list -- Unsubscribe, archives and other info at: http://www.cohousing.org/cohousing-L/
- Re: Developer Model of Co-housing, (continued)
- Re: Developer Model of Co-housing R Philip Dowds, September 3 2015
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