| Each Vivos shelter complex is
worth millions of dollars. Unfortunately, other than the elite, few people can afford
their own hardened, blast proof underground shelter to ride out whatever
catastrophes may be headed our way. To make the access and
ownership of a Vivos shelter affordable to most middle-class families,
Vivos sells each shelter fractionally to as many as co-owner/members that
each shelter may comfortably accommodate. Co-owner/Members within each
shelter association each receive either an undivided deeded ownership
interest or
a membership interest in a specific Vivos
shelter. Like any other form of real estate, each co-ownership or membership interest can be
transferred, sold, willed or gifted, subject to the association rules or
bylaws. The exact ownership or membership structure varies by state and country to comply with local laws and regulations. Co-ownership with a deeded undivided interest in a specific shelter is coupled with a membership in a nonprofit owners' association. Ownership of a "membership" interest in a specific shelter association is typically in a nonprofit mutual benefit corporation that owns that Vivos shelter. Either way, your investment is secured by the undivided interest in the shelter and the property it is located on, limited to the specific number of interests for each shelter. The purchase of a co-ownership or membership interest(s) in a Vivos shelter property should be based solely upon the purpose and use of the shelter as a catastrophic survival shelter, in the case of a life-threatening emergency or catastrophe, and not for any potential income, profit, investment value or future appreciation. No federal or state agency has made any recommendation or endorsement of any Vivos shelter property or the co-ownership or membership interests therein, and the sale of the co-ownership or membership interest(s) are not registered or approved by any government agency. The co-ownership or membership interest(s) may have possible difficulties for resale due to the limited market potential, shelter rules, regulations, association bylaws and usage restrictions. The usage of the shelter is on a non-exclusive basis without any exclusively demised areas. The co-ownership of, or membership in a Vivos shelter property is not considered a timeshare, nor is it coupled with any form of periodic or interval use, with any form of a circulating or exclusive right of possession. Once each Vivos Shelter Association is formed, the co-owners or members are able to visit their shelter anytime they choose, however, they cannot stay overnight in the shelter other than during an emergency or post-catastrophic event. Bi-annually, each shelter group is invited to meet fellow co-owners or members and train for the operation of their shelter. This group meeting allows everyone to get to know each other, as well as determine and plan for their respective duties and team responsibilities for any potential use of their Vivos shelter. Members are encouraged to become familiar with the operation of the facility, the surroundings, the community, the area resources, the various routes, and to team up for their potential travel to get there. Vivos will also build you and your group a shelter for your exclusive use on your land. More: http://www.terravivos.com/secure/vivos8.htm This is not a solicitation or offering for ownership of a Vivos shelter, or any property in those states where regulated. Membership in Vivos is free to selected candidates. Membership does not provide ownership, or assure any right of a membership interest in a Vivos shelter or the association that may own a Vivos shelter property. Ownership or membership participation in any Vivos shelter property may not be for investment purposes. Terms, conditions and specifications are subject to change without notice. |