Western North Carolina Joint BOL / Hunting Lease Poll - RULES

[Diesel]

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

[Long_Hunter]

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

[Mosa00]

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

[Diesel]

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.