Re: hoa dues based on per capita basis? square footage? | <– Date –> <– Thread –> |
From: Jim Snyder-Grant (jim.snyder.grantgmail.com) | |
Date: Wed, 25 Oct 2017 07:39:24 -0700 (PDT) |
Hi Alan: New View (Acton, MA), decided 20 years ago that we wanted to take into account in our dues formula (and our beneficial interest formula) that some houses tend to hold more people than others, and some expenses are most directly related to how many people there are. So, we used 'livable square footage' as a proxy for headcount, figuring that over time the houses with more livable square footage would have more people. This part accounts for about 25% of our formula. We used per-house for about 50%. In our condo docs, the individual ownership is studs-in, so the condo is responsible for exterior walls & roofs, so the remaining 25% or so is in proportion to what we called "exterior maintainable area", which ended up being something like the surface area of an imaginary rectangular solid surrounding the exposed part of each house. It's worked fine, although to change it requires the sign-off of all the mortgage holders, which we tried once & failed to do- we wanted to change the percentages to account for some folks that had added some additional 'livable square footage', and to correct a math error or two. The amounts were small ,so we let it go after failing to hear from all the banks, and having some banks require large fees for 'reviewng the documents' I don't read the coho-l very regularly, so if anyone has follow up questions it's best to write or call me directly. Jim Snyder-Grant 18 Half Moon Hill Acton MA 01720 508 572-2985 On Mon, Oct 23, 2017 at 10:40 PM, Alan O'Hashi via Cohousing-L < cohousing-l [at] cohousing.org> wrote: > Cohousers - I’m wondering if other communities assess households based on > a per capita basis, square footage basis, a combination? > Thanks, > Alan O > > Alan O'Hashi - Cyber Office > Views from Behind the Lens > www.alanohashi.com > Colorado..303-910-5782 > Wyoming.307-274-1910 > Nebraska.402-327-1652 > _________________________________________________________________ > Cohousing-L mailing list -- Unsubscribe, archives and other info at: > http://www.cohousing.org/cohousing-L/ > > >
- Re: hoa dues based on per capita basis? square footage?, (continued)
- Re: hoa dues based on per capita basis? square footage? Sharon Villines, October 24 2017
-
Re: hoa dues based on per capita basis? square footage? Kathryn McCamant, October 24 2017
- Re: hoa dues based on per capita basis? square footage? Elizabeth Magill, October 24 2017
- Re: hoa dues based on per capita basis? square footage? Sharon Villines, October 24 2017
- Re: hoa dues based on per capita basis? square footage? Jim Snyder-Grant, October 25 2017
- Re: hoa dues based on per capita basis? square footage? Alan O'Hashi, October 24 2017
- Re: hoa dues based on per capita basis? square footage? Lynn Nadeau / Maraiah, October 24 2017
- Re: hoa dues based on per capita basis? square footage? David Heimann, October 29 2017
Results generated by Tiger Technologies Web hosting using MHonArc.