Cohousing-L Mailing List: Re: Cohousing-L Digest, Vol 180, Issue 11

[Lynn Nadeau / Maraiah (welcome]

I'm not clear just what situation is being described in this post. I'll respond 
as a long-built community, of the sort called lot-development, which means buy 
in does not include your house, which you pay for yourself, either having it 
built, or buying on resale a home someone else had built.

Other than the members' housing, one has to fund a development budget for 
things like land, infrastructure, permits, professionals, common amentities 
such as a commonhouse, playground, gardens or whatever.  Presumably this also 
covers the basic furnishings and equipment for the common holdings.

Once development is done, ongoing assessments, annual dues if you will, fund 
operating expenses, reserve accrual for eventual repair and replacement of 
common holdings, and any additional expenses the group agrees to.