Cohousing-L Mailing List: A question about resold units

[Shari Hirst (sharihirst13]

ElderGrace is now Sand River Cohousing.  We decided a more upbeat name was 
needed for active Seniors.

Our by-laws state that when a unit is resold, a Transfer Fee can be assessed to 
the new owner.  This fee goes to the Reserve Fund.  I would like to know if 
other communities have this in their by-laws, and if they do, what do they 
charge.

We are in New Mexico, but I was told that this Transfer Fee was in the by-laws 
of other states.

Any feed back is appreciated.

Shari Hirst
sharihirst13 [at] gmail.com
Sand River Cohousing