Governance

Governance is the set of rules and roles that decides how a co-owned home is run: budgets, repairs, house rules, disputes and when to sell. At GoForth, governance is written into each home's LLC operating agreement. Each of the four owners has voting rights, and GoForth handles day-to-day operations. A majority of owners can vote to replace GoForth as manager, and a majority vote can trigger a sale of the whole home. Individual owners can still sell their own interest through the exit guarantee. GoForth enforces the agreement, including collections if an owner falls behind.