FAQ

WHAT IS A COOPERATIVE COMMUNITY?

In a cooperative community, the Corporation owns the structures and the land. In our community, Buyers receive one share of stock in Cedar Glen Lakes, Inc. and one share of stock in Cedar Glen Lakes Water Company.

ARE THERE MINIMUM REQUIREMENTS TO APPLY?

Yes, to submit an Application to Purchase, you MUST be 55 or older, credit score of 620 or higher, and a minimum income of $1,800.00 per month for a Single person and $2,300 per month for a Married Couple. Please contact us to receive an Application to Purchase.

ARE PETS ALLOWED?

Yes, 2 domestic pets per dwelling unit are permitted.  No lizards, snakes, or dangerous animals are permitted.  Residents (stockholders) must obey all local animal laws and abide by this community's rules and regulations.