• SendMePhotos@lemmy.world
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    1 year ago

    No way, that’s cool! Where in the US?

    I guess I would’ve thought that the collective unit is in charge of stuff like property taxes, but you can’t have that many names on a property deed, right? Or can you?

      • SendMePhotos@lemmy.world
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        1 year ago

        I suppose but HOAs are dicks. That’s a single controller. The above mentioned many people paying into the fund for taxes but what if one does not pay taxes? Do the rest suffer?

      • I_Fart_Glitter@lemmy.world
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        1 year ago

        That seems to be what’s going on The Arconia apartments in Only Murders in the Building (in New York). They have a coop board, drama over who is the president of it, people not able to pay taxes on their apartment, auntie sold the apartment, now I have to move, etc.

    • 5714@lemmy.dbzer0.com
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      1 year ago

      I only the know the version of that in Germany and Austria where the property is being held by a GmbH, similar to a LLC, whose half owned by an e.V., a registered voluntary association acting as the united juridicial person of the inhabitants and half owned by a syndicate e.V. that acts as insurance and solidarity among the syndicate and makes sure that no one can overtake and profit from the property. Inhabitants pay off rent-like loans and but can leave anytime. Rent is usually really low and acts as solidarity towards other houses.

      It’s called Mietshaussyndikat