|Re: Cohousing failures||<– Date –> <– Thread –>|
|From: RowenaHC (RowenaHCcs.com)|
|Date: Fri, 4 Feb 2000 15:50:42 -0700 (MST)|
I don't understand the concern of the negative counsel member as you reported it. Presumably, if there were a "failure," meaning an inability to finish or sell the units and went bankrupt, the bank that provided the construction funding and the members of the cohousing partnership would remain responsible, not the town! I think you need to have your attorney explain this to you, she or he will know more about your particular financial set up than any of us do. In the red-hot real estate market around here when we built we had the comfort of knowing that if the chousing group fell apart we could always sell on the open market at a profit!
- Cohousing failures Marya S. Tipton, February 3 2000
- Re: Cohousing failures Jim Snyder-Grant, February 4 2000
- RE: Cohousing failures Rob Sandelin, February 5 2000
- Re: Cohousing failures Stuart Staniford-Chen, February 5 2000
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