Do any communities defer dues? | <– Date –> <– Thread –> |
From: Alan O'Hashi (adoecosyahoo.com) | |
Date: Sun, 4 Aug 2019 04:44:38 -0700 (PDT) |
Sunny - Deferring dues and assessments until sale, I suppose is possible. The problem I see with it, is keeping your doors open. HOA dues and assessments are for the day-to-day upkeep and short and long term maintenance of the property and if you let too many people do that, everyone else will have to pick up their slack for 20 or 30 years, potentially. At my place, failure to pay dues and assessments is viewed as a not-so-good thing to the extent that it is possible for a member to lose voting rights and a lien placed on their property. I know cohousers are supposed to be empathetic and compassionate to other's plights and keep the "we're all in this together" spirit, but cohousers are also running the huge business of a community association. There are some communities that have set up a "Community Chest" funded as a part of the general HOA dues. Everyone chips in something with the idea that the money can be used for households that may need a "hand up" for maybe medical bills, or paying dues because of a job loss, etc. If you do decide to allow people to generally defer, there should be some means to encourage them to pay up front, like, compounded interest, and personal guarantees, etc. Thx Alan O. ******************************************* Alan O'Hashi - ECOS EnviroCultural Organization Systems http://www.alanohashi.com/ecos Colorado 303-910-5782 Wyoming 307-274-1910 Nebraska 402-327-1652 ******************************************* On Sunday, August 4, 2019, 04:16:22 AM MDT, <cohousing-l-request [at] cohousing.org> wrote: Message: 1 Date: Fri, 2 Aug 2019 03:42:08 +0000 (UTC) From: Sunny Sabbini <oneshinysun [at] sbcglobal.net> To: cohousing-L [at] cohousing.org Subject: [C-L]_ Do any communities defer dues? Message-ID: <485333817.52917.1564717328702 [at] mail.yahoo.com> Content-Type: text/plain; charset=UTF-8 We'd like to know if any communities have allowed their owners to defer some or all of their assessment increases (due to increase in reserve funding or for other reason) to the time of their home sale? Does anyone here know of any communities, cohousing or otherwise, or have any leads to find any that do some version of this? Interested to know the details of how this has played out. Thanks much, Sunny Pleasant Hill Cohousing
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Do any communities defer dues? Sunny Sabbini, August 1 2019
- Do any communities defer dues? Alan O'Hashi, August 4 2019
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Re: Do any communities defer dues? Sharon Villines, August 4 2019
- Re: Do any communities defer dues? Kathryn McCamant, August 5 2019
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Re: Do any communities defer dues? fergyb2, August 6 2019
- Re: Do any communities defer dues? Kathryn McCamant, August 6 2019
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