Debra Kamin

If you're a country club and you happen to have a house for the groundskeeper to live in if he has to work late hours, that language is in the law to allow for those things.

It is, of course, not meant so people can create whites-only communities, but they are convinced, based on consultations they say they've done with lawyers, and they also told me they spent a lot of time with ChatGPT,

Wow.

And they are convinced that this line in the Fair Housing Act protects them based on the model they've created with the membership association.

Exactly.

And they decided that here is a place that ostensibly is a weakness in the law that we can manipulate if we structure ourselves this way.

So they created the membership association.

They created the LLC.

And they say, we are not selling land.

We are not real estate developers.

We are offering shares in an LLC to our members.

And it just so happens that those shares come with three acres of land.

So if people are admitted into the membership association, their membership gives them shares in the LLC.

And the shares are around $6,600.

In exchange for that $6,600 share, you get three acres of land where you can then build a house, raise your kids, do whatever you want if you're in the community.

Got it.

Well, they are still subject to provisions of the Fair Housing Act.

They believe that they are not because they are not landlords.

That's what they've really cast every aspect of this community on that belief.

Right.