|Each Vivos community shelter complex
can cost millions of dollars to construct, outfit and stock with
supplies for the designated number of shelterists it is designed to
accommodate. 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 member co-owners that each shelter may comfortably accommodate. Similar to a typical "country club ownership model", member co-owners of each shelter association, receive a numbered Membership Certificate Interest in the nonprofit owners' association established to own each specific Vivos shelter. Each member co-ownership interest can be transferred, sold, willed or gifted, subject to the association rules and bylaws and the approval of the proposed successor-in-interest.
The exact co-ownership or membership structure may vary by state and country to comply with local laws and regulations. Your investment is secured by the undivided co-owner membership interest in the specific association that owns the shelter and the property it is located on, limited to the specific number of designated co-ownership member interests for each shelter.
The purchase of a co-ownership member 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 member interests therein, and the sale of the co-ownership member interest(s) are not registered or approved by any government agency. Co-ownership member 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. Co-ownership in a Vivos shelter property association 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 respective co-owners are able to visit their shelter during overnight Meet & Greet events, or when necessary, by permission of the Shelter Director; however, they cannot otherwise stay in the shelter other than during an emergency or post-catastrophic event. Each shelter group is encouraged to meet fellow co-owners and get to know each other. Meet & Greet events are coordinated subject to ample co-owner interest and availability for orientation, operational training and planning for the unique pre and post event aspects of each 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 or activation of their shelter. Co-owners are encouraged to become familiar with the operations of the facility, the surroundings, the community, the area resources, the various routes to travel, ingress and egress and the security.