Parkhill Homeowners Cooperative
A Resident-Owned Community
  • Home
  • About Us
    • The Parkhill Story...
    • Photo Gallery
    • Map & Directions
  • FAQ
  • Homes for Sale
  • Member Benefits
  • Application Info
  • Map & Directions
  • Contact Us

What is a resident-owned community?

Picture
Our community is owned and managed by the people who live here.
  • In a resident-owned community, tenants form a non-profit business called a cooperative. 
  • Each household is a member of the cooperative and an equal owner of the land. As a group, the cooperative owns the land and manages the community. 
  • The members continue to own their own homes individually.
  • There are many benefits to living in a resident-owned community, including control of monthly lot rent, repairs and improvements, lifetime security against unfair eviction, liability protection (Members are not personally liable for association loans.), and a strong sense of community. 
  • Everyone has a say in the way the park is run, and major decisions are made by democratic vote.

Back to FAQ
Picture
Copyright © 2014 Parkhill Homeowners Cooperative Association  •  211 Parkhill Way  •  Salt Lake City, UT  •  84107  •  801.281.0992 (9am-3pm); 801.898.8732 (3pm-8pm)