Buena Vista Community, Inc. 
A Resident-Owned Community
  • Home
  • About Us
    • Photo Gallery
  • FAQ
  • Homes for Sale
  • Member Benefits
  • Application Info
  • Maps & Directions
  • Contact Us
  • Members Only

What is a resident-owned community?

Picture
  • In a resident-owned community, tenants form a not-for-profit corporation, called a cooperative (co-op).
  • Each household is a member of the co-op and an equal owner of the land. As a group, the residents own the land and manage the community. 
  • The members continue to own their own homes individually.
  • There are many benefits to living in a community like this one, including control of monthly lot rent, repairs and improvements, lifetime security against unfair eviction, liability protection (members are not personally liable for community loans), and a strong sense of community. Everyone has a say in the way the park is run, and major decisions are made by democratic vote.

Back to FAQ
Picture
Copyright © 2014  Buena Vista Community, Inc.  •  6308 Buena Vista Loop  •  Missoula, MT  •  59808  •  406.396.0630