Cohousing-L Mailing List: Bylaws and investments

[John Richmond (johnrichmond50]

Hello everyone -- 

 

At Richmond Cohousing we are at a major inflection point. We are now in serious 
talks with a developer and are attempting to finalize our bylaws. Two questions 
for now:

 

1. In the beginning of a cohousing group's history, should it have a 
substantially different set of bylaws for pre- and post- move-in times (i.e. a 
non-HOA-type set before and more HOA-like bylaws after move-in?)

 

2. How did your group handle allowing people who invest in developments upfront 
to be paid back their initial investment such that founders and non-founders 
ended up paying equal proportions of development costs? Was this even 
identified as a concern in your group?

 

Thanks -- 

 

John Richmond

Richmond Cohousing