Could you please cover the process of leaving the coop if a family ever needed to relocate?
admin Changed status to publish May 1, 2024
- Find a buyer. If we find the buyer, we require a 10% commission on the share price (to pay us for our time and expenses to find and court them). If you find the buyer, no charge!
- The buyer (along with their plans) then needs to be approved by the board, just like the seller would have been approved originally.
- Once the buyer is approved, the seller submits a transfer form to the board indicating they’ve sold their share to the buyer.
That’s it!
admin Edited answer March 5, 2024