Published on Mosaic Commons (http://www.mosaic-commons.org)
Unit Type Changes

This policy will apply until P&S Agreements are signed.

  1. Members wishing to change to a different unit size should contact the Finance team, who will then bring the issue up for consensus by the group, if a unit of the desired size is available. If no such units are available, members may not change unit sizes.
  2. If there are more than three days until the next General Meeting, the decision will be treated as time-critical and will be made according to the Decisions between Meetings [1] policy.
  3. If there is more than one equity household at the same time (within 72 hours of the first announcement made to the group) wishing to change to a particular unit size of which there are not enough units available, the waiting list [2] policy shall apply.
  4. For households that wish to change to a smaller unit, Mosaic will transfer the difference in their "bucket 1" contribution to their "bucket 2". Interest on the transferred amount will begin accruing at that time.
  5. For households that wish to change to a larger unit, Mosaic will transfer the difference in unit cost from their "bucket 2" capital contributions to their "bucket 1"; interest will cease accruing at that point. Households will then have 30 days to provide any additional funds needed to cover 5% of their new unit cost.

Source URL: http://www.mosaic-commons.org/unitchange

Links:
[1] http://www.mosaic-commons.org/urgent
[2] http://www.mosaic-commons.org/waiting