Co-ownership is where two or more people share the cost of buying a
property, including the deposit, establishing and repaying the loan and
the ongoing costs such as rates and insurance.
The most common way for multiple owners to set up a co-ownership of property is through a Draftdocs Co-Ownership Agreement where each individual has a share in the property that they can sell or will to whoever they choose.
By using a Draftdocs Co-Ownership Agreement with a tenants in common agreement partners can make and specify exact rules. Co-ownership agreements can cover many different types of relationships, including groups of friends, family members and de facto partners.
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