Cohousing-L Mailing List: Re: Forms of ownership

[kwan lu (kwanlu]

Just out of curiosity, what about problems with inheritance?

>From: Berrins [at] aol.com
>Reply-To: Berrins [at] aol.com
>To: Multiple recipients of list <cohousing-l [at] freedom2.mtn.org>
>Subject: Re: Forms of ownership
>Date: Sun, 26 Mar 2000 00:29:05 -0600
>
>In a message dated 3/25/2000 5:42:24 PM, vbradova [at] bestweb.net writes:
>
><< I like the private ownership of units, and private mortgages, of the 
>condo
>model,
>but it seems that with condos, the community gives up any control over who
>comes
>in 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).  You can devise some sort of limit to the price a seller 
>can
>get for each unit (the banks and/or lawyers may not go for this one).
>By-laws can give you some control over what future residents can and cannot
>do (e.g., quiet times, pet policies, back yards and rentals).
>
>And here's a ditto on Rob's thoughts on fostering community involvement; 
>the
>level of community involvement you have will likely be adopted by 
>newcomers,
>which is a lot like parents passing on habits to children; they will do 
>what
>you do.  So keep up the good work!  Yow wow!
>
>
>Roger Berman
>Pathways Cohousing
>Northampton, MA

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