Cohousing-L Mailing List: Involvement in Closing of Home Sales

[Julie Gallagher (jgall63]

Does a representative of your community attend the closings of home sales
when a current resident is selling to a new owner? If so, what is his/her
role? If the current owner owes a flip tax (or other term for a share of
profit that goes to the community), presumably a community representative
attends to receive the check, if paid at the closing. Anything else?
Related question: does the community review the sale contract to make sure
it contains appropriate language for joining the community?

Julie Gallagher
Cantine's Island Cohousing
Saugerties, NY