Cohousing-L Mailing List: Re: Getting started

[Sharon Villines (sharon]

On Aug 15, 2014, at 1:40 AM, Vincenza Testo <vtesto [at] me.com> wrote:

> My question is- how do you purchase 1 plot with multiple owners or should we 
> parcel the land?

If you plan to be a community, I would purchase together. Then you can define 
common property. 

You need to know what options are available to you in New York State for 
"common interest"  ownerships. 

From Nolo

> Common Interest Development
> 
> A type of housing, composed of individually owned units, such as 
> condominiums, townhouses, or single-family homes, that share ownership of 
> common areas, such as swimming pools, landscaping, and parking. Common 
> interest developments (also known as community interest developments or CIDs) 
> are managed by homeowners' associations.

When you look for a lawyer, look for one interested in common interest 
development (CID)

Sharon
----
Sharon Villines
Takoma Village Cohousing, Washington DC
http://www.takomavillage.org