Co ownership agreements templatesCo-Ownership Agreement • May 3rd, 2021
Contract Type FiledMay 3rd, 2021This form agreement can be used for property in any U.S. state. It will work when the property is owned in equal shares or unequal shares. Additional language can be added where the percentage of ownership will change over time, or where one party will lend the other money. This sample agreement is comprehensive and complete, and is designed to protect the parties in case of unforeseen events or disagreements, as well as following death or separation. But the agreement is not written in “legalese”. It is plain English designed to be easy to understand and customize. The agreement is seven pages in length and includes a detailed table of contents for easy reference. This sample agreement includes the following sections: EXPENSE ALLOCATIONS LOANS AND ENCUMBRANCES GENERAL TRANSFER RESTRICTIONS MANDATORY SALE OR BUYOUT DISTRIBUTION OF PROCEEDS DEATH OF AN ORIGINAL OCCUPANT DISPUTE RESOLUTION NOTICES TITLE AND ALLOCATIONS PARTNERSHIP NOT INTENDED CO-OWNERSHIP SHARES AND CO-OWNERS PARTITION