Cohousing-L Mailing List: Intentional Community seeks best legal entity

[Joan Sarin (mnjsarin91]

Hi Co-Housing members,
 
We are a forming intentional community of individuals who share a spiritual
path.  We will not discriminate on any other basis, but only those who are
members of a specific religion will be considered.  How do you manage this
with Fair Housing/Equal Opportunity Housing?
 
PS We hope to create an LLC that owns the overall property, with individuals
holding shares equivalent to their units' value, thus keeping equity but
allowing the community to decide who the unit goes to when members leave.
It will not be non-profit (at least we don't think at this time), and we do
not intend to have any collective business.  We'd like to hear from similar
communities who have faced this legal challenge.  We know there has to be a
way!  If you can refer us to an attorney who is knowledgeable in this area,
we would appreciate it.

Thanks,
Joan Sarin

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