Joint ownership agreement

Residential property
11 Reviews
Select support levelCompare
Recommended

Document overview

Comprehensive agreement to regulate the terms of property ownership where parties own and occupy the property at the same time.
Compliant
Compliant with the latest law
Document propertied
Document properties
  • Length:13 pages (3100 words)
  • Available in:
    MsWordMicrosoft Word DOCXApple pagesApple PagesRTFRTF
watertight guarantee
Backed by our watertight guarantee

If the document isn’t right for your circumstances for any reason, just tell us and we’ll refund you in full immediately.

writing in plain english
Written in plain English

We avoid legal terminology unless necessary. Plain English makes our documents easy to understand, easy to edit and more likely to be accepted.

Notes
Guidance notes included

You don’t need legal knowledge to use our documents. We explain what to edit and how in the guidance notes included at the end of the document.

email
Support from our legal team

Email us with questions about editing your document. Use our Lawyer Assist service if you’d like our legal team to check your document will do as you intend.

Update
Up to date with the latest law

Our documents comply with the latest relevant law. Our lawyers regularly review how new law affects each document in our library.

About this document

This agreement covers any situation where two or more people share ownership and use of a house, flat, bungalow, cottage or other property for permanent occupation. The agreement is designed to regulate occupation where all the owners occupy the property at the same time and the property’s occupation is shared by area. This agreement is suitable not only for situations where, for example, each owner has the exclusive right to use a bedroom and shares the use of all other rooms, but also for virtual flats where, for example, each owner has the exclusive right to use a bedroom, living room, kitchen and bathroom and the only shared area is the entrance hall.

First, you should consider what the most suitable structure for your sharing proposal is.

Application and features

  • Comprehensive fractional ownership document for any type of property: flat, apartment, house, bungalow and so on
  • Sensible and practical provisions for shared ownership
  • Written in plain English
  • Explanatory notes to guide you

Contents

  • Terms of beneficial interest - beneficial trusts provision
  • Price and payment for the Property
  • How the parties will use the Property
  • How expenses will be paid
  • Who and how will manage payment of expenses
  • Undertakings by the parties
  • Alternative exit strategies
  • Effect of termination
  • What if someone wants to sell his share or sell the property
  • Many other legal provisions
Sample joint ownership agreementFront cover

Recent reviews

Great Service
20 May 2024
Well thought out agreement.
Kenneth Meek
Review of the South African version
Great Service
08 April 2024
This is the second document which I have purchased from Net Lawman and I can definately recommend this website. The document is easy to understand and suitable for my purposes. Thank you for an excellent service.
Leon Barton
Stress Relieved
23 August 2022
Well written and structured document. Good additional notes. Excellent value for money. Would recommend to anyone considering joint ownership of a property.
Andy Baker
Review of the United Kingdom version
Read all 11 reviews

Choose the level of support you need

Document Only

Complete the document template yourself using our guidance notes
NZ$49.00
  • ok This document
  • okDetailed guidance notes explaining how to edit each paragraph
Most Popular

Lawyer Assist

Support from our legal team during and after editing
201 Reviews
NZ$348.00
  • ok This document
  • okDetailed guidance notes explaining how to edit each paragraph
  • okUnlimited email support - ask our legal team any question related to completing the document
  • ok
    Review of your edited document by our legal team including:
    • reporting on whether your changes comply with the law
    • answering your questions about how to word a new clause or achieve an outcome
    • checking that your use of defined terms is correct and consistent
    • correcting spelling mistakes
    • reformatting the document ready to sign
© 2000 - 2024 Net Lawman Limited.
All rights reserved