Nmbngee is a Community Cooperative that operates on a basis of shared land ownership. Shareholders have access to the shared community resources such as dams, swimming holes and community house. Shareholders pay a yearly service fee, and are required to abide by the community rules and by-laws.
Shareholders own the land collectively, and have the right of control over their own home and surrounding gardens, subject to the community rules. Shareholders do not individually own the land their house is on, but do have exclusive right to the use of that land while they have a house on that location.
To become a shareholder of Nmbngee, you need to live on the community for 6 months prior to being approved as a member. This rule also applies to people wishing to purchase a pre-existing house on Nmbngee.
Rules and By Laws
Every community has guidelines that help members understand the group consensus about what kind of community members want to live in. There are also state and local laws that govern Multiple Occupancies. Nmbngee’s guidelines, which form a legal agreement made between members and the cooperative by virtue of joining, include The Rules and the By Laws.
The Rules are model rules required by State and National Cooperative Law (with some allowable modifications made by the Cooperative). Changes to these rules are required to be authorised by the Department of fair Trading. The By-Laws are guidelines for the community that members can enact or remove, at an authorised General Meeting, without input from any government agency.
The Rules are more about generic conditions of sharing land including legal requirements. The By Laws are more about Nmbngee’s vision for how the community operates.
Below are links to both Documents:
Recent Comments