Cohousing-L Mailing List: Re: Right of First Refusal

[Sarah Lesher (sarah.lesher]

Here at Cantine's Island, Saugerties, NY, we just had a membership
committee meeting yesterday around a house sale with a brief discussion of
right of first refusal that the HOA has had since founding.  We agreed that
this was financially extremely unlikely, given the price of housing now.
It would be difficult for the community to get a loan to buy the house up
for sale, and not very plausible that any one person would feel capable of
doing that.

--Sarah Lesher, speaking for myself, not the community, but I think fairly
reflecting what was discussed

On Sat, Dec 9, 2023 at 7:09 AM Sunny Sabbini <oneshinysun [at] sbcglobal.net>
wrote:

> Greetings, all.
>
> Here at FrogSong, some community members are interested in the potential
> benefits of adding a Right of First Refusal to our CC&Rs.
> I'm grateful for the Cohousing-L archives and I see past threads about
> Right of First Refusal.  Most are from between 1999-2010.  I imagine some
> additional communities might have adopted Right of First Refusal since
> then.
> I'd love to hear first-hand experience from any communities who have and
> have actually used their Right of First Refusal and in what ways has using
> it impacted the community.
> And for any communities in California, it would be additionally helpful to
> see the language you've included in your CC&Rs.
> Thank you,Sunny
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