Experience with co-housing units turning over to immediate family members
From: Mary Vallier-Kaplan (marycvkgmail.com)
Date: Tue, 31 May 2011 17:32:47 -0700 (PDT)
We are in the process of revising our ByLaws given first set were written to
satisfy needs of AG's office condo expectations as cohousing was a foreign
breed in NH.  The clause regarding what is called Alienation of Units
stipulates that waiting list can be bypassed when there is a gift, sale,
lease or devise of a Unit to an immediate family member of the Owner.  While
we recognize that an Owner should have the right to convey an asset to a
family member as they wish, we are wondering if more experienced cohousing
communities have had "issues" when immediate family members take ownership
without having gone through a process of becoming familiar with cohousing,
membership process, etc.  Our sense is most often they sell the asset and
move on.

Thank you  for sharing your insight.

Mary

Nubanusit Neighborhood & Farm
Peterborough, NH

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