Joint ownership agreement
A document drawn just for you to your exact requirements. Free discussion before we provide an estimate. Fixed fee for each stage of work.
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Key features
- Length:13 pages (3100 words)
- Available in:
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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
Recent reviews
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Document only
- Comprehensive template covering legal and practical points
- Detailed guidance notes a step-by-step instructions to help you complete your document with confidence.
- Up to date with latest law our lawyers regularly review how new relevant law affects each document in our library
- Written in plain English avoiding legal terminology unless necessary. plain English makes our documents easy to understand, easy to edit and more likely to be accepted
- Support from our legal team email us with questions about editing your document
- Money back guarantee that if the document isn't right
Lawyer Assist
- Comprehensive template covering legal and practical points
- Detailed guidance notes a step-by-step instructions to help you complete your document with confidence.
- Get Expert answers fast in your workspace: a dedicated space for priority expert assistance, keeping you on track.
- Review of your edited document by our legal team including:
- understanding your requirements
- checking that your document will achieve your goal
- 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
Bespoke
- A document drawn just for you to your exact requirements
- Personalised service provided by an experienced solicitor
- Free discussion before we provide an estimate, for you to ask questions and for us to understand your requirements
- Transparent fees
- fixed fee to draw a document to your initial instructions
- additional or changed instructions charged either at fixed rates or on a time basis as agreed with you
- no charges for office overheads or third party disbursements
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- Allowed downloads from entire Library10
(average document price NZ$49) - Lawyer Assist Service included
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- Discount on Bespoke Drafting
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Professional
- Allowed downloads from entire Library25
(average document price NZ$49) - Lawyer Assist Service included
(average price NZ$309) - Get Expert answers fast in your workspace
- Discount on further Lawyer Assist40%
- Discount on Bespoke Drafting10%
- Priority email support
Professional Plus
- Allowed downloads from entire Library25
(average document price NZ$49) - Lawyer Assist Service included2
(average price NZ$309) - Get Expert answers fast in your workspace
- Discount on further Lawyer Assist40%
- Discount on Bespoke Drafting20%
- Priority email support
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