Cohousing-L Mailing List: Re: Incorporation questions

[LScottr2go (LScottr2go]

In a message dated 7/6/2000 6:33:25 PM Pacific Daylight Time, 
aista [at] my-Deja.com writes:

<< My understanding is that most cohousing groups in the United States have 
incorporated either as condominiums or PUDs.  Are there any advantages to 
either?   >>
We have been an LLC (limited liability company) for several years.  When our 
homes are all built, we will become a homeowners association.  This has 
worked fairly well, though we did have to sign personal guarantees for the 
construction loan.  Best wishes,  Linda Scott (Cascadia Commons Cohousing, 
Portland, OR)