Buying a shared ownership property can be an exciting and gratifying experience. But like any high-value investment, it carries risk and if things go wrong, it could be very expensive.
Therefore, it’s crucial to plan and develop strategies to deal with any issues which may arise from shared ownership.
What Is A Co-Ownership Agreement?
Co-ownership or shared ownership is where two or more people share ownership of a property.
The purpose of a Co-Ownership Agreement is to set out each parties legal rights and obligations. The agreement also addresses any foreseeable issues and provides means of dealing with them.
We have designed a unique Co-ownership Agreement that covers potential issues and protects both co-owning parties.