Cohousing-L Mailing List: Re: ownership model

[Ann Zabaldo (zabaldo]

Hello Christian --

You have many, many things going on in this one development.  There are lots of 
unanswered questions in your description. Your description has the flavor of a 
community land trust.  Is this what you're trying to accomplish?  Many 
"answers" will be dictated by the municipality in which your land development 
resides.  

Where is this development by the way?

I am not a lawyer but there are lawyers on this list who can advise you better 
than I can.  At the very least I would say you need a seriously good real 
estate lawyer.

Best --

Ann Zabaldo
Takoma Village Cohousing
Washington, DC
Principal, Cohousing Collaborative, LLC
Falls Church VA
703-688-2646

On Feb 5, 2012, at 11:31 AM, Christian Stalberg wrote:

> 
>   Our forming community is looking for some advice on
> 
>   the optimum ownership model for our 114 acres. First
> 
>   a few facts: 1) the land is owned free and clear by a
> 
>   community member who is willing to finance the sale
> 
>   of between 20-30 acres with the remainder going into
> 
>   a farmland trust; 2) we have an LLC, a 501c3 and can
> 
>   form a cooperative corp. if desired; 3) we anticipate
> 
>   having between 36-100 residents in several pods; 4) we
> 
>   are not income sharing; 5) residents would lease their
> 
>   dwelling footprint and build/own their own house with
> 
>   private equity; 6) some dwellings for migrant farmworkers
> 
>   are likely, as might be multifamily units for rent.
> 
>   In addition to advice, if anyone can recommend an
> 
>   ownership model guru to help us figure this all out that
> 
>   would be good too. Thank you in advance!
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