Cohousing-L Mailing List: Re: selling an inherited cohousing home

[Fiona Frank (fionafrank]

This is what I put in my Will which might be useful (U.K. Will wording is
probably different from US wording )

“ I GIVE my property 19 Forgebank Walk Halton Lancaster LA2 6FD to my
Trustees UPON TRUST for sale WITH THE direction that they shall consult
Lancaster Cohousing Company Limited (“the Company”) to help them sell the
property at a price which the Company feel is reasonable taking into
account local housing prices and other sales within Forgebank AND giving
people on the waiting list held with the Company first priority to purchase
the property AND I GIVE to the Company the sum of £2,000 from the net
proceeds of sale of the property AND the remainder of the net sale proceeds
shall fall into my residuary estate“

On Friday, 6 October 2023, Kathryn McCamant <
kmccamant [at] cohousing-solutions.com> wrote:

> I would suggest you talk to those communities that are senior/aging in
> place communities. They knew at move in that would often be the case that
> it would be heir selling their homes when they are gone. I think they make
> a point of having people talk with heirs about how to work with community
> in selling their home when they are no longer able to help with that.
>
> Katie
> --
> Nevada City Cohousing and
> Kathryn McCamant, President
> CoHousing Solutions
> Nevada City, CA 95959
> T.530.478.1970  C.916.798.4755
> www.cohousing-solutions.com
>
>
>
> From: cohousing-l <cohousing-l-bounces+kmccamant=cohousing-solutions.
> com [at] cohousing.org> on behalf of Cohousing-L <cohousing-l [at] 
> cohousing.org>
> Reply-To: Cohousing-L <cohousing-l [at] cohousing.org>
> Date: Thursday, October 5, 2023 at 2:45 PM
> To: Cohousing-L <cohousing-l [at] cohousing.org>
> Cc: Susan HEDGPETH <hedgpeth [at] berkeley.edu>
> Subject: [C-L]_ selling an inherited cohousing home
>
> Dear Cohousing-L,
>
> I'm writing from Pleasant Hill Cohousing in Pleasant Hill, CA.
>
> We have started exploring how to handle the situation where a community
> member dies and the person responsible for selling their unit is most
> likely not familiar with our community and how we have handled sales in the
> past.  As you all know, it's important that anyone buying a unit understand
> how cohousing is different from buying a regular home.
>
> What have other communities figured out about this?  Do you have a process
> in place?  Do you have any documents you could share?  Do people put their
> wishes in their Will or Trust?   We know the answers may vary by State. We
> are a California condominium homeowners association.
>
> Thanks for your help.
>
> Susan Hedgpeth
> Pleasant Hill Cohousing
> Pleasant Hill, CA  (SF Bay Area)
> http://phch.org
> _________________________________________________________________
> Cohousing-L mailing list -- Unsubscribe, archives and other info at:
> http://L.cohousing.org/info
>
>
>
>
> _________________________________________________________________
> Cohousing-L mailing list -- Unsubscribe, archives and other info at:
> http://L.cohousing.org/info
>
>
>
>