Jump to content
  • 0

I have sold group owned land and the money is on the group. How to get it?


Jaelle Faerye
 Share

You are about to reply to a thread that has been inactive for 1518 days.

Please take a moment to consider if this thread is worth bumping.

Question

5 answers to this question

Recommended Posts

  • 1

Money cannot be held by a group.  When a group receives a payment, such as a membership fee or proceeds from a land sale, the money is distributed equally among all group members who have the "share in group liabilities and dividends" ability enabled for their group role.

THIS IS ENABLED FOR ALL GROUP ROLES BY DEFAULT!  Many people who create groups are not aware of this, and run into one or both of the following problems:

1.  All group members are charged a small amount weekly to cover a Search listing fee or a classified ad, and the rank and file members complain.

2.  All group members get a split of a land sale, and the group owner tears her hair out.

  • Like 1
Link to comment
Share on other sites

  • 0

You should have reclaimed the land for yourself BEFORE selling it Jaelle. From the KB:

32px-KBwarning.pngWarning: When you sell land that is deeded to a group, the proceeds of the sale are divided evenly between all group members with the Pay group liabilities and receive group dividends ability. If you wish to reclaim land for yourself before selling it, see Reclaiming group land.

  • Like 1
Link to comment
Share on other sites

You are about to reply to a thread that has been inactive for 1518 days.

Please take a moment to consider if this thread is worth bumping.

Please sign in to comment

You will be able to leave a comment after signing in



Sign In Now
 Share

×
×
  • Create New...