Suitable for a co-operative where tenants and leaseholders of a particular area or estate take on responsibility for the day-to-day management of it.
Model key features:
- Governing Act: Co-operative and Community Benefit Societies Act 2014
- Members hold one share only in the co-operative
- Includes a Common Ownership Dissolution provision
Organisations considering adopting this model should contact the Confederation of Co-operative Housing for advice before contacting Co-operatives UK to create the co-operative.