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Reply to "Logistics of building and living on a family compound. "
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[quote=Anonymous]OP. the first thing you need to decide is who actually owns the land on which the homes are located. If you own it all, then you are essentially the Lord/Lady of the manor and everyone else is a tenant. If everyone owns their own plots, then you run the risk of the plots being sold outside of the family (even if you have the first right to buy the person out before they sell to someone else, will you have the money to do so). A third option is to create a co-op situation where everyone owns everything and sell prices are established at the beginning and you have some kind of dues to create a common account of money that can be used for upkeep of the properties and buying someone out if needed. Bottom line, this is not an easy thing to do in America because of how we view real estate ownership.[/quote]
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