Services for commercial coliving operators

Coliving Counsel provides legal support to commercial coliving operators. Services include: Advice includes:

  • fitting within California’s functional family framework for dwelling unit occupancy;

  • local zoning law compliance for buying group housing properties, for complying with local coliving ordinances, and more.

  • development support advice for adding ADUs for communal space, office to housing conversion per AB 507, office to housing conversion under local programs, and building in compliance with local coliving ordinances;

  • Landlord-tenant law advice as it relates to coliving membership agreements;

  • arrangement choice services helping decide on structure to

  • services helping clients decide on initial real estate co-ownership structures and financing options and understand possible subsequent real estate co-ownership structures; and

  • agreement drafting for the arrangement of your choice.

A home foundation on a lot under construction
A home foundation on a lot under construction

Development Support for Cobuyers

Coliving Counsel provides development support to coliving companies on the following matters:

  • state and local laws facilitating ADU addition and using ADUs for communal space;

  • office to housing conversion per AB 507 and per local programs like San Francisco’s Commercial to Residential Adaptive Reuse Program;

  • compliance with “single housekeeping unit” case law for dwelling unit occupancy, local single housekeeping unit variations like San Francisco’s Shared Housing Reform Act, and local zoning designations for SROs and group housing units; and

  • building in compliance with local coliving ordinances like San Jose’s co-living facilities ordinance.

Two roads diverging in a yellow wood
Two roads diverging in a yellow wood

Arrangement Choice for Cobuyers

Coliving Counsel helps cobuyers with arrangement choice. This advice typically includes a memo providing:

  • analysis of available initial ownership structures based on number of units needed, California subdivision law, on-market timelines, available loan products, and the group’s finances;

  • analysis of possible ultimate ownership structures based on number of units purchased, chosen initial ownership structure, local condo conversion laws, local real property transfer tax structure, the loan product used for the initial ownership structure, and the group’s finances; and

  • a recommendation of initial ownership structure and ultimate ownership structure most suitable for your group.

A hand holding a orange pen and writing in a notebook with orange pages
A hand holding a orange pen and writing in a notebook with orange pages

Agreement drafting for Cobuyers

Coliving Counsel provides agreement drafting services to cobuyers. Coliving Counsel will draft the agreements necessary to implement your chosen real estate co-ownership arrangement. Typical documents include:

  • space assignment tenancy in common agreements;

  • limited liability company operating agreements for 5+ unit properties and as a second-stage ownership structure for some 1-4 unit properties;

  • condo project bylaws and conditions, covenants, and restrictions (“CC&Rs”); and

  • leases for projects involving some rental units.

Contact Coliving Counsel about commercial coliving services