Wait for many people to reserve and approve ones you will likely get along withSpell out each right & responsibility to prevent miscommunication
There are multiple ways to structure a group home purchase, the most common of which are forming an LLC or purchasing via Tenants-in-Common agreement
By advertising the house to only friends (and/or their friends) as potential roommates, you may have a better chance of screening the person
This template assumes there are 1 master bedroom with a bathroom and 1 without, 3 regular bedroom and 1 smaller bedroom
The difference is: you may be OK to transfer 1 month worth of rent to someone you know, or at least someone your friend knows; but you may not have the money readily available for a fraction of house down payment
The Deal with deposit only ask a portion of the money - but will charge the rest as soon as the Deal ends successfully
oSplit will ensure that all 4 types of bedrooms are reserved before assigning reservations
Purchase Space Sharing |
safety_divider Space Share date_range Long Term house Big Purchase |
Location:
This is for house @ ________
Payment:
This payment is for the fractional owner of the house
Amenities:
It has 1 master bedroom with a private bathroom, 1 master bedroom without bathroom and 4 bedrooms that shares 3 bathrooms
Ownership:
The deed will be under our names
Price:
This total represents the max price we are willing to pay, if we can get less, the leftover will be used to upgrade the house
There is a ...% deposit, I will refund it to you if the deal doesn't go through or there isn't enough participants
If you back out if the deal is on, the deposit will be forfeited
Bill & choirs:
The current tax is $.... will be shared proportionally according to what you paid - and most likely the tax will increase slightly each year
Electricity, water, trash and internet bill will be shared equally
Common house choirs will be shared evenly
Deposit:
Please commit to at least 5 years, after that, you can sell it to your friend (contingent upon house mates approval)
Decision:
Every major decision will be solved by voting
Rules:
Pet: ____
Noise level: ____
Kids: ____
Settings
Trigger | : extension Bundle help_outline |
Participant | : people Friends and their Friends help_outline |
Approval Method | : gavel Approve Manually help_outline |
Currency | : USD |
Deposit | : 20.0 % help_outline |
City | : map Seattle, Washington, United States |
Cancellation | : Not allowed in 11 days before end help_outline |
Time to End | : in 30 days after created |
Time to Distribute | : in 16 days after ended |
Items
Min Requirement for Price help_outline | 1 | Max Available: 1 | |||
Item Required / Bundle |
Name | Description | Price | Assigned | |
---|---|---|---|---|---|
1 | master bedroom w/ bathroom | master bedroom with a private bathroom | 70000.00 | 0 | |
1 | master bedroom | master bedroom without a private bathroom | 60000.00 | 0 | |
3 | regular bedroom | regular bedroom | 55000.00 | 0 | |
1 | small bedroom | slightly smaller bedroom | 52000.00 | 0 |