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1. Parties: Identification of all co-owners including their full legal names, addresses, and contact details
2. Background: Context of the agreement, including brief property description and circumstances leading to the tenancy in common arrangement
3. Definitions: Definitions of key terms used throughout the agreement
4. Property Details: Comprehensive description of the property including legal description and title details
5. Ownership Interests: Specification of each co-owner's percentage share in the property
6. Rights and Obligations: General rights and obligations of co-owners including access, use, and enjoyment of the property
7. Financial Contributions: Arrangements for sharing property expenses, taxes, maintenance costs, and utilities
8. Property Management: Procedures for making decisions about property management and maintenance
9. Transfer of Interests: Rules and procedures for selling, transferring, or encumbering ownership interests
10. Death or Incapacity: Procedures to follow in case of death or incapacity of a co-owner
11. Dispute Resolution: Mechanisms for resolving disputes between co-owners
12. Termination: Conditions and procedures for terminating the agreement or selling the entire property
13. Governing Law: Specification of applicable laws and jurisdiction
14. Execution: Signing and witnessing requirements
1. Rental Arrangements: Procedures for renting out the property and sharing rental income - include when property will be rented
2. Property Insurance: Specific insurance requirements and cost-sharing - include when complex insurance arrangements are needed
3. Mortgage Details: Arrangements regarding existing or future mortgages - include when property is mortgaged
4. Right of First Refusal: Procedures giving co-owners first right to purchase another's share - include when parties want this option
5. Special Use Provisions: Specific rules about property use or access - include when property has unique features or usage requirements
6. Property Improvements: Procedures for making and paying for property improvements - include when significant improvements are planned
1. Schedule A - Property Description: Detailed legal description of the property including boundaries, title details, and any easements
2. Schedule B - Ownership Percentages: Detailed breakdown of ownership shares and initial capital contributions
3. Schedule C - Financial Arrangements: Detailed procedures for handling finances, including bank accounts and payment schedules
4. Schedule D - Management Rules: Detailed rules and procedures for property management and decision-making
5. Schedule E - Maintenance Schedule: Regular maintenance requirements and responsibilities
6. Appendix 1 - Property Documents: Copies of relevant property documents including title deed and property tax records
7. Appendix 2 - Contact Information: Detailed contact information for all parties, including emergency contacts
Property
Co-owners
Ownership Interest
Permitted Use
Common Areas
Exclusive Use Areas
Transfer
Encumbrance
Operating Expenses
Capital Improvements
Property Manager
Management Committee
Resolution
Special Resolution
Force Majeure
Maintenance Charges
Fair Market Value
Business Day
Fiscal Year
Governing Law
Share
Title Deed
Stamp Duty
Registration
Mortgage
Improvements
Outgoings
Default Notice
Dispute
Common Expenses
Reserve Fund
Special Assessment
Transferee
Effective Date
Initial Contribution
Insurance
Lien
Taxes
Maintenance Schedule
Property Rights
Rental Income
Successor in Interest
Term
Working Day
Repair
Material Breach
Property Description
Ownership Rights
Financial Obligations
Property Management
Decision Making
Use and Enjoyment
Maintenance and Repair
Insurance
Transfer Restrictions
Right of First Refusal
Death and Succession
Default and Remedies
Dispute Resolution
Force Majeure
Taxation
Registration and Stamp Duty
Severability
Amendments
Notices
Entire Agreement
Governing Law
Indemnification
Termination
Assignment
Mortgage and Encumbrance
Rental Arrangements
Property Access
Improvements
Emergency Provisions
Record Keeping
Accounting
Compliance
Representation and Warranties
Real Estate
Property Management
Legal Services
Banking & Finance
Construction
Property Development
Investment Management
Property Consulting
Hospitality (for commercial properties)
Retail (for commercial properties)
Legal
Real Estate
Property Management
Compliance
Risk Management
Asset Management
Investment
Operations
Finance
Administrative
Real Estate Lawyer
Property Manager
Real Estate Agent
Legal Counsel
Property Developer
Investment Manager
Asset Manager
Compliance Officer
Real Estate Consultant
Property Administrator
Title Officer
Real Estate Paralegal
Property Valuation Expert
Estate Planning Attorney
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