Cooperative Living is…
Williamsburg Towne Houses Cooperative is a not-for profit corporation. When you are a member, you own one share of stock in the corporation and this entitles you to one vote in deciding issues facing the Cooperative, as well as to live in a unit and participate in the Board Meetings. The Cooperative transfers the membership certificate from the outgoing member to the incoming member for the designated sale price.
The members’ monthly fees pay for running the corporation. Each member can claim their share of the real estate taxes as a tax deduction.
Williamsburg is responsible for maintaining the building exterior, hot water heaters, furnaces, and plumbing. Members may redecorate their individual units to match their personal tastes and lifestyles. All improvements must comply with local, state, and federal building codes and must be approved by the board.
Williamsburg maintains the lawns, trees, and common areas. Residents are encouraged to care for the landscaping and flower beds around their own homes.
Williamsburg Towne Houses Cooperative (co‑op) is run by its members, who create and follow the community’s rules and guidelines. All members are expected to follow these rules. Members are also encouraged to take part in community events, as Williamsburg Towne Houses benefits from their ideas and involvement.
Our monthly carrying charges are usually lower than rent or mortgage payments because of careful budgeting and the valuable contributions of members who volunteer their time.
Location
32115 Harper Ave.
St. Clair Shores, MI 48082
(586)-293-4709
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