Re: how cohousing communities decide on new members | <– Date –> <– Thread –> |
From: Lew Bowers (lewbowers155![]() |
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Date: Thu, 15 Apr 2021 10:39:27 -0700 (PDT) |
It is important to not discriminate when seeking cohousing community members. However, there is an important distinction. When you are building your community and recruiting your initial members, you are likely to be structured as a LLC (limited liability Company) as that is the most effective legal vehicle for real estate development. At this stage, you are not selling housing, you are offering membership in a LLC which gives you the later right to purchase a completed housing unit. The federal fair housing act does not apply. That is why forming communities go through all kinds of discussions about what kinds of members they are seeking. Once the units have been initially purchased, the cohousing community likely becomes a condominium association and now you are in fact selling real estate and all Federal fair housing laws apply. So, for all resales these laws definitely apply. I point this out to make sure that folks understand that they are operating under different legal structures at different stages of their project and each stage offers specific opportunities and constraints. Lew Bowers 503-396-0316 Bowers & Bowers Development LLC Founding Member of PDX Commons Certified Cohousing Consultant Board Member, Coho US -- This email has been checked for viruses by Avast antivirus software. https://www.avast.com/antivirus
- Re: How Cohousing communities decide on new members, (continued)
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Re: How Cohousing communities decide on new members Elizabeth Magill, April 14 2021
- Re: How Cohousing communities decide on new members Yochai Gal, April 14 2021
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Re: How Cohousing communities decide on new members R Philip Dowds, April 14 2021
- Re: How Cohousing communities decide on new members seniors and requirements Liz Ryan Cole, April 14 2021
- Re: how cohousing communities decide on new members Lew Bowers, April 15 2021
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Re: how cohousing communities decide on new members R Philip Dowds, April 16 2021
- Re: how cohousing communities decide on new members Diana Stanley, April 16 2021
- Re: how cohousing communities decide on new members Katherine Lavine, April 16 2021
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Re: How Cohousing communities decide on new members Elizabeth Magill, April 14 2021
- Re: how cohousing communities decide on new members Fred-List manager, April 18 2021
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