Re: Forms of ownership | <– Date –> <– Thread –> |
From: Joani Blank (jeblank![]() |
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Date: Mon, 27 Mar 2000 08:18:53 -0700 (MST) |
>>it seems that with condos, the community gives up any control over who comes in the future. >> >That isn't necessarily true. You can write some control into the Master deed for the community. For example, you can require the seller to offer the unit to anyone in the community first or to someone on your waiting list (right of first refusal). There's something else you can do as well. When a new person buys a unit at Doyle St. CoHousing, they are asked to sign a participation agreement. (Technically it is voluntary, but so far everyone has been more than willing to sign it.) One clause in this agreement is that we will not rent or sell our condos to anyone who does not agrees to "participate" in the community. Participation is clearly defined to include taking an active role in the Condo Association (governance and management--everyone's in it), preparation of common meals, and sharing responsibility for the maintenance and improvement of the property. The participation agreement also requires that we fully orient prospective buyers and tenants to community life before selling or leasing to them. The bottom line is that self-selection works in resales just as well as it does in the early days when you are first marketing your project. And to tie this in with another thread now running.......Cohousing probably needs both a core group of burning souls (really lucky we don't start out with 25 households all at once!), AND people joining in during the months and years of planning to help with the growing amount of work and to add fresh perspectives. It also is fun to have new people join in when a household has to leave. More often than not, new people (if they have been well oriented both before they move in and during their first few weeks or months of belonging) bring fresh energy and ideas to the community. Re: coop form of ownership. In addition to the other difficulties inherent in coop ownership, is the fact that it is (still) very difficult to get construction financing for a coop. Joani Blank Old Oakland Cohousing at Swan's Market (Today is my last day at Doyle Street. I'm sad to be leaving here, and excited about the new place, even though we don't yet have gas, heat, hot water, telephone jacks, keys to the common house or mailboxes that the postal service recognizes there)
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Forms of ownership vbradova, March 25 2000
- Re: Forms of ownership vbradova, March 25 2000
- Re: Forms of ownership Berrins, March 25 2000
- Re: Forms of ownership Joani Blank, March 27 2000
- Re: Forms of ownership kwan lu, March 27 2000
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