co-ownership faq

Limited liability means that, as a co-owner at Kindred Community Farm Sanctuary, your personal financial investment in the property  is the extent of your liability. You won’t be personally responsible for the farm’s debts or obligations beyond your investment of $25,000 or more.. Essentially, your personal assets are protected from any financial risk associated with the farm’s operations.

A passive partnership means that, as a co-owner, you are not required to actively manage or be involved in the day-to-day operations of Kindred Community Farm. You can enjoy the benefits of your investment without the stress of overseeing daily activities.

In a passive partnership, you provide capital (the $25,000 investment) in exchange for an ownership stake in the farm. While you won’t be managing the farm directly, your investment contributes to its growth and sustainability.

Yes, you are able to sell and transfer your units in the property. The co-ownership agreement lays out the process for doing this. To summarize the basics: co-owners are asked to wait 3 years before considering selling their units, and to allow a minimum of six months to find a buyer. Once units are up for sale, Kindred Community Farm Sanctuary has the first right of refusal; the existing co-owners have the second right of refusal; then the option will be out to the general public. Management will keep a wait-list of individuals who are interested in owning an interest in the farm.

Your co-ownership investment should be treated as any other investment/assets you hold and should be included in your will.  Transfer or sale of your interest to your heirs will need to follow the same procedure as listed above and in the co-owner agreement.

This co-ownership opportunity is different because it is designed as a passive investment with limited liability. Unlike traditional farming or business ownership, you won’t have to worry about managing operations, dealing with day-to-day responsibilities, or facing full personal financial risk. You can simply enjoy an investment in farm property in the lower mainland while knowing that your investment is contributing to the success  of a farm sanctuary and becoming a part of a community dedicated to healing.

Yes, as a co-owner, you will receive regular updates and reports on the farm’s activities, financial health, and progress. This keeps you informed about the sanctuary’s growth, any changes to operations, and any other relevant information regarding your investment. The farm will host periodic open houses for co-owners to meet together and talk with management about improvements.

Yes, the co-ownership opportunity is open to both individuals and organizations interested in becoming a part of the Kindred Farm community. Whether you’re looking to make a personal investment or want to align your business or organization with a cause that focuses on healing and community, Kindred Farm offers an inclusive opportunity.

Kindred Community Farm Sanctuary is home to 50 rescued animals. These animals are part of the heart of our mission, living in a safe, loving environment where they can heal and thrive.

Yes, as a co-owner, you are welcome to visit the farm and experience the sanctuary firsthand. You can enjoy the peaceful surroundings and connect with the animals. However, please note that due to private healing sessions and community events being scheduled at the farm, we ask that you arrange your visit with the management first.

No, you are not required to volunteer or serve as a board member to be a co-owner. As part of a limited liability passive partnership, your role is as an investor and co-owner. You can choose to be as involved as you’d like, but there is no obligation to manage or volunteer at the farm. Kindred Community Farm Sanctuary handles all daily operations.

No, the profit and loss from your investment will be realized at the time you sell your units, based on the market value at that time.

No, co-ownership and occupancy on the property are two separate entities. If you have an interest in utilizing a portion of the property, please present it to the management and a decision will be made based on the compatibility of that usage to the farm operations. Residency in the house is determined by the current occupants and based on vacancy and compatibility.