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1. Parties: Details of all co-owners including full legal names, identification numbers, and contact information
2. Background: Context of the co-ownership arrangement, including property details and purpose of the agreement
3. Definitions and Interpretation: Definitions of key terms used in the agreement and rules for interpretation
4. Ownership Shares: Specification of each owner's percentage share in the property
5. Financial Contributions: Details of initial and ongoing financial obligations, including purchase price contributions, maintenance costs, and utilities
6. Management and Decision Making: Procedures for property management decisions, voting rights, and majority requirements
7. Use and Occupation: Rules governing the use, occupation, and access to the property
8. Maintenance and Repairs: Responsibilities and procedures for property maintenance and repairs
9. Insurance: Requirements for property insurance and allocation of premiums
10. Transfer and Encumbrance: Restrictions on selling shares and rules for mortgaging the property
11. Pre-emptive Rights: Process for offering ownership shares to other co-owners before selling to third parties
12. Dispute Resolution: Procedures for resolving conflicts between co-owners
13. Termination: Circumstances and procedures for terminating the co-ownership arrangement
14. General Provisions: Standard legal clauses including notices, governing law, and entire agreement
1. Rental Income: Provisions for managing and distributing rental income when the property is leased to third parties
2. Property Development: Rules for property improvements and development projects, used when co-owners plan significant modifications
3. Death of Co-owner: Specific provisions for handling a co-owner's share upon death, particularly relevant for family arrangements
4. Business Use: Additional terms for properties used for business purposes
5. Managing Agent: Terms for appointing and instructing a managing agent, relevant for larger or more complex properties
6. Mediation Procedure: Detailed mediation process before litigation, recommended for high-value properties or complex ownership structures
7. Environmental Matters: Special provisions for properties with environmental considerations or requirements
1. Property Description: Detailed description of the property including title deed information, physical address, and property diagrams
2. Ownership Schedule: Detailed breakdown of ownership percentages and initial capital contributions
3. Financial Obligations: Schedule of ongoing financial commitments and payment responsibilities
4. Management Rules: Detailed rules for day-to-day management and decision-making procedures
5. Maintenance Schedule: Regular maintenance requirements and responsibilities
6. Insurance Schedule: Details of required insurance coverage and premium allocations
7. Occupancy Rules: Specific rules regarding property use and occupation rights
Business Day
Co-owners
Common Areas
Common Expenses
Deeds Office
Effective Date
Encumbrance
Financial Year
Improvements
Initial Contribution
Insurance
Management Committee
Managing Agent
Mortgage Bond
Operating Expenses
Ownership Share
Parties
Pre-emptive Rights
Property
Purchase Price
Rates and Taxes
Registration
Related Persons
Resolution
Sale Share
Special Resolution
Title Deed
Transfer
Transfer Date
Undivided Share
Use Rights
Utilities
Valuation
Voting Rights
Duration and Commencement
Ownership Rights
Financial Obligations
Capital Contributions
Management Rights
Decision Making
Property Use
Maintenance and Repairs
Insurance
Pre-emptive Rights
Transfer Restrictions
Mortgage Rights
Death and Succession
Default Provisions
Dispute Resolution
Termination
Force Majeure
Notices
Costs and Expenses
Confidentiality
Entire Agreement
Severability
Amendment
Assignment
Governing Law
Breach
Indemnification
Compliance with Laws
Good Faith
Real Estate
Property Development
Commercial Property
Residential Property
Agriculture
Retail
Hospitality
Industrial
Mining
Professional Services
Family Business
Investment Management
Legal
Property Management
Real Estate
Compliance
Operations
Asset Management
Investment
Business Development
Risk Management
Finance
Administration
Property Manager
Real Estate Attorney
Legal Counsel
Property Developer
Investment Manager
Asset Manager
Facilities Manager
Commercial Director
Managing Director
Trust Administrator
Property Investment Advisor
Compliance Officer
Real Estate Agent
Business Development Manager
Operations Manager
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