Cohousing-L Mailing List: Re: HOAs

[Mac Thomson (macthomson]

Wow, that’s a lot of big questions.

I’d be happy to share our HOA covenants with you, although I don’t think they 
are wonderful (and I think they may be somewhat state specific). The challenge 
is that most HOA’s operate very differently from cohousing communities. Lawyers 
typically start with a standard set of covenants and tweak them to try to make 
them fit for a cohousing community.

Our covenants were developed by an attorney who had written covenants for 
another cohousing community, but my guess is that they were originally based on 
covenants from a standard HOA. In any case they seem to be an adequate legal 
foundation, but don’t always reflect how we actually do things here.

We are very good about documenting decisions and reflecting them in our 
agreements, but they don't always get reflected in our covenants. Revising 
covenants is a whole bunch more work and money.

Good luck!


-- 
Mac Thomson

Heartwood Cohousing
Southwest Colorado
http://www.heartwoodcohousing.com


"I used to be an agnostic, but now I'm not so sure."
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> On Sep 7, 2020, at 11:58 AM, James Lesniak <jlesniak [at] peak.org> wrote:
> 
> Friends: 
> 
> My family are members of a newish cohousing community, Village Hill Cohousing 
> in Northampton, MA. The community will transition from the 
> developer-contractor being responsible for a HOA type agreement to the 
> community having responsibility for a HOA document. I am researching to find 
> various models, various cohousing community HOAs so our community can design 
> and agree on our new HOA document. 
> 
> Would you please assist us as possible with following questions: 
> 1) How is your HOA organized and written? 
> 2) What are rules, regulations, practices or methods for achieving your 
> community's goals, etc? 
> 3) What is the HOA's composition, role, jurisdiction and methods for making 
> decisions as the board 
> 4) What is the % of HOA dues set aside for capital reserves? 
> 5) What policies are there for late or nonpayment of HOA dues? 
> 
> Thank you for any assistance that you can give, 
> 
> 
> James 
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