Cohousing-L Mailing List: Re: Counting the # of Residents for Calculating HOA Dues in a Condo Building

[Elizabeth Magill (pastorlizm]

We don't.

HOA is based on "percentage interest" in the property. It was a
formula that accounted for the distance from the common house, any
specialty features, and, mostly, the number of bedrooms.
It set the sales price of the homes and now determines the share of
the HOA costs.

You don't want something based on number of people--what if the house
sells to a different sized family? Or someone dies? You don't want to
recalculate everyone's percentage everytime the number of people
changes.

-Liz
(The Rev. Dr.) Elizabeth Mae Magill
Pastor, Ashburnham Community Church
Minister to the Affiliates, Ecclesia Ministries
www.elizabethmaemagill.com
508-450-0431

On Sun, Nov 28, 2021 at 10:19 AM Alice Alexander <aliceanne4 [at] gmail.com> 
wrote:
>
> A question for those cohousing communities that live in a condo or
> multiresidential building, and jointly meter utilities and building costs
> (or anyone who knows of other communities that are similarly structured):
>
> How do you count the # of residents in each condo for the purposes of
> calculating HOA dues? Specifically:
>
> * Owners (and when they are away, renting or not renting, does that number
> continue to be applied or is it increased or decreased?)
> * Children - do you count children and if so at what age?
> * Renters - how do you count those renting? or is it covered via # of
> owners?
>
> Many thanks.
> --
> Alice Alexander
> Durham Cohousing
> Durham, No Carolina
>
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