Fractional ownership of property requires an agreement that not only sets out ownership shares and responsibility for maintenance costs but a legal framework that covers management and how decisions as to who use the property are made. Net Lawman fractional ownership agreements do not try to enforce a single owner as proprietor, but rather allow a comprehensive, considered arrangement.
Fractional ownership agreements for property
Templates
Joint ownership agreement: residential property
9 reviews
Comprehensive agreement to regulate the terms of property ownership where parties own and occupy the property at the same time.
Joint ownership agreement: holiday property
4 reviews
A shared property purchase agreement suitable where generally only one owner occupies the whole of the property at any one time. Most suited where the owners use the property for holidays and weekend breaks.
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What customers thought
Due to my current circumstances it was going to up to thousands of dollars to attend a solicitor to have the required contract drafted. The document purchased and provided by Net Lawman met my needs and provided valuable information and instruction without the cost. I am confident should the need arise I would definitely use this service again.
Laura Howell
Review of the Australian version
The template was for an initial joint purchase of a home (I think the use case was a shared holiday home), but our use case was slightly different (selling a share of an existing home to a relative). The template was well written and structured which made it easy to update it with our changes. The included explanatory notes helped to facilitate the changes. Quite happy with the template and would look to use Net Lawman again in the future.
Chris Shuttleworth
Review of the Australian version
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