How to buy
We have a flexible process that can be adapted to your needs. Generally, it will follow these steps:
Use our guide (or make up your own) to think through some of the joys and challenges you might expect.
You'll chat with a couple of our members in person, by phone or by Zoom. This will give you (and us) a chance to assess our "fit." For our part, it's not a particularly high bar. A coliving friend of ours says, "You don't need to be best buddies. You just need people you can tolerate." We hope you'll find us tolerable.
- Site visit
If we each decide to proceed, we'll invite you to visit the lodge and have a look at the suite. At certain times, we may establish dates for an overnight visit, including evening meal and breakfast. There is a suggested contribution to defray the costs of an overnight visit, including food and cleaning. Around this time we will also make available to you our Coliving Agreement (the Trail Guide), which sets out how we intend to operate day-to-day.
- Financial assessment and screening
Each of us has provided a personal credit report to the group, because each of us need to be sure we can complete the purchase and keep up with common expenses. We'll ask you to do the same. All credit reports are available to all members.
In addition, each of us will provide a police check, specifically a Criminal Record and Judicial Matters Check. Please note that not having a criminal record does not guarantee you will be welcome, and having one doesn’t guarantee you won’t.
- Intention and deposit
If you want to go deeper, we will ask for a deposit (normally 10 percent), and make a set of documents available to you for your review. These include:
- our Co-ownership Agreement
- a recent building inspection
- our estimated Oakview Coliving 2024 budget
- the incorporation papers for Oakview Lodge and Marina (name TBD), a separate entity which conducts our commercial operations (e.g., docking, parking, cottage rental). You will become a shareholder in this corporation
-our estimated 2024 corporate budget
- a survey of the property
You may have seven (7) days to examine these documents before finalizing your purchase. If you decided to withdraw, your deposit will be returned without interest.
- Welcoming party
What's your favourite meal?
Questions? Ready to proceed?
Contact us at [email protected].