Cohousing-L Mailing List: Re: Do any communities defer dues?

[Sharon Villines (sharon]

> On Aug 4, 2019, at 7:44 AM, Alan O'Hashi via Cohousing-L <cohousing-l [at] 
> cohousing.org> wrote:

> 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.

I would think this would only be done when there is a question of hardship and 
a date for which the unit will be sold or put up for sale. 

And done formally with a lien against the property, costs to be paid from the 
sale/estate.

In the long run, this might be the least expensive way to deal with the rare 
case of catastrophic or terminal inability to pay.

Sharon
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Sharon Villines
Takoma Village Cohousing, Washington DC
http://www.takomavillage.org