You can download the LLtO agreement form below.
Your first $100 investment is your Membership fee. This 1st payment will be receipted as Membership Fees. Any additional amount you invest in community of our college and university will be credited to your LLtO unit account as an investment in helping each other and the ACA College LLtO facilities and accommodation in loan units of $100.
We use the LLtO funding agreement (See Below) as used in many Retirement Villages and University Student Accommodation throughout the world to fund shared Community resources. Each College berth, property or item of equipment has an LLtO Capital use (occupancy) value for each use night (or day for equipment) based on the general amenity of the berth, property, service or equipment.
Your member's LLtO Use Investment account is reinstated to full original value on the anniversary of your joining so long as you remain an investor member of the community. You can sell your LLtO investment unit to other members when you wish to leave the investment group or need to recover the cash.
The LLtO is a negotiable asset that can be resold through ACA College administration at the current market value, to other members when no longer required. The college charges 10% of resale value as a DGR donation to the College School Building Fund. In this way, the original investment can be mostly recovered, with the possibility of capital gain if the College LLtO scheme is well promoted by members thus increasing the value of membership.
The use of an LLtO unit represents a members discount of about 10% or 10% return on your capital for each year you own LLtO's when you use them. OR You can hire your LLtO through the Community to earn some income. Your LLtO unit balance is returned to the original number at each anniversary of membership. A member can hold membership investment units in Community for as long as they wish.
We are a safe supportive Community when needed with full use of community facilities in an emergency. Community Board maintains a carryover account of LLtO's not used by members at each anniversary for emergency use at Board discretion.
When you rent your capital is gone - you have burnt it forever.
Yes, the rental outlay is less, but you can not get it back.
When you sell your LLtO investment to other community members you get most of your capital back, perhaps all if you are good at marketing the benefit of ACA Collegiate Community membership.
ANCOM on Murray Inc. Collegiate Community
Admin: ANCOM on Murray Inc. 76 Frogmore Rd, Kidman Park, ADELAIDE SA 5025
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