ELS3: Difference between revisions
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== Organizational structure == | == Organizational structure == | ||
[[ELS3/Accounting]] | |||
Thoughts: | === Questions to answer === | ||
Expectations for owners? | |||
Expectations for renters? | |||
What to do if an owner wants out? | |||
What is the expectation in 5 years, 10 years, more? | |||
=== Thoughts === | |||
[[User:Willscott|Willscott]] (on 2023-01-27): We've talked about the balance between ability to buy-out a leaving owner, and handling potential divergence between 'market value' and 'purchase value'. The thing that seems best for the community in my view would be something along the lines of: | |||
# the house is given the option to buy-back the ownership share at <code>inflation-adjusted-purchase-price</code>. | |||
# for sales at market value, half of the difference <code>[market value - inflation-adjusted-purchase-price]/2</code> goes to the house. | |||
# for market sales, house retains 'right of first suggestion' for purchasers. (with some time boxing probably) | |||
Latest revision as of 23:20, 24 March 2024
TODOs[edit]
- organizational structure
- loan financing
- figuring out how much we can afford
- figuring out what we want
- timeline?
Organizational structure[edit]
Questions to answer[edit]
Expectations for owners?
Expectations for renters?
What to do if an owner wants out?
What is the expectation in 5 years, 10 years, more?
Thoughts[edit]
Willscott (on 2023-01-27): We've talked about the balance between ability to buy-out a leaving owner, and handling potential divergence between 'market value' and 'purchase value'. The thing that seems best for the community in my view would be something along the lines of:
- the house is given the option to buy-back the ownership share at
inflation-adjusted-purchase-price. - for sales at market value, half of the difference
[market value - inflation-adjusted-purchase-price]/2goes to the house. - for market sales, house retains 'right of first suggestion' for purchasers. (with some time boxing probably)
