entities
From: Meg Justus (megjnwlink.com)
Date: Sun, 11 Jun 2000 13:51:06 -0600 (MDT)
Hi, all.  I hope that this question hasn't been discussed to death, but I
volunteered to ask it of this group at my very first cohousing meeting last
night <g>.

What kinds of legal entities have groups just starting out formed themselves
into?  What are the advantages and disadvantages?  Does what state you're
located in make a difference?  We're in Washington State.

As one in the group who knows much more than I said:

"We are currently looking at Limited Liability Corporations (LLCs) or a
"Homeowners Association" structure.  We are planning to use condo structure,
rather than cooperative structure for ownership, and we are planning to use
a developer rather than being self-developers."

Any responses are more than welcome, and if it's been done to death, private
email is fine.

Thanks!

Meg Justus
who hopes to live in South Sound Cohousing in the Tacoma, Washington, area
one of these days

Results generated by Tiger Technologies Web hosting using MHonArc.