Agreement Between Tenants in Common
When to Use this Agreement
Use this Agreement Between Tenants in Common whenever two or more parties want to buy a home, commercial property or other piece of real estate together.
You may be siblings buying a house together or just friends joining forces in a Joint Venture Property Development. more
Whatever your reasons a written Agreement Between Tenants in Common is crucial to protecting the Interests of all the parties involved.
This document defines the terms and conditions under which the parties record their interest. It will provide you with strong legal recourse should a misunderstanding arise and/or the other parties fails to fulfil its obligations while under contract.
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This Agreement Between Tenants in Common is formatted for your convenience using Microsoft Word and is available for immediate download. You can use this template time after time, simply edit the fields as you require and print your agreement.
The Contract includes the following provisions -
- The parties
- Identity of property
- Intent of parties
- Exclusive use
- Right to lease
- Expenses
- Improvements and Repairs
- Insurances
- First Purchase Option
- Intra family Transfers
- Right of partition
- Notices
- Disputes
- Arbitration
- Amendments
- binding effect
- Disclaimer of Partnership
- Termination
- Signatures
View Sample Document
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