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Western North Carolina Joint BOL / Hunting Lease Poll - RULES

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  • Western North Carolina Joint BOL / Hunting Lease Poll - RULES

    Suggest rules you feel would be important to the integrity and preservation of the property when leased by multiple forum members.

    This would be very similar to a hunting lease
    Last edited by Diesel; 02-10-2010, 11:48 PM.
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  • #2
    Will have to carefully consider this, but some items do come immediately to mind.

    1. Lease termination criteria / actions
    2. Guests
    3. Permanent structures or temporary (housing and storage)
    4. Power and water access
    5. If someone pays their monthly/yearly dues, but does not ever show up to work & improve the BOL- need process to evict from lease? Lessee rights. Can we vote them off the island?
    6. Access and security arrangements
    7. Everyone must have an equal voice/vote, but one or two folks will have to be the “facilitator”
    8. Not a money-making enterprise; monies collected above annual lease payment should go back into shared property improvements??
    9. Dispute settlement amongst the group members
    10. What, specifically, can be done on the property- construction limitations, gardens, defensive works, hunting, fishing, other recreational uses by group members, etc...

    Something to get started with… I imagine it will take several meetings of potential members to gauge compatibility for this type of venture; it is not something to be undertaken lightly.
    LH

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    • #3
      to get back on track of the original subject...

      What about inheritance or estate? can the lease partnership be passed on to others if primary owner meets his end ?

      Taxation... how is that managed?

      Mosa00

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      • #4
        It's property I own or will own depending on how many people will be interested.

        It is simply done like a hunting lease

        Only considering this to help out and give the good members of this community a place to play and seek refuge if they are a leasee

        If this becomes too complicated or stressful then I won't do it.
        WHAT IF THE AMERICA YOU KNEW, WAS ABOUT TO CHANGE?

        The best thing you can do to support the site is pass it on to your friends and fav sites like other forums, facebook, twitter etc. Let people know about us! :)

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