Co Ownership Agreement Contract Template Aircraft Boat Marine Vessel
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Co Ownership Agreement Aircraft / Boat / Marine Vessel

When to Use this Agreement

Use this agreeement when two or more parties wish to purchase a boat or aircraft as tenants in common.

The document defines the rights and responsibilities of the shareholders and will provide strong legal recourse in the event of a misunderstanding arising or any party fails to meet their obligations to the other shareholders while under contract.

 

The Contract includes the following provisions -

  • Cost of Co-Ownership.
  • Meetings and Records.
  • Co-Ownership Policies.
  • Maintenance
  • Usage
  • Sale Or Withdrawal From Co-Ownership.
  • Arbitration.
  • Severability.
  • Waiver Of Contractual Right.
  • No Representations.
  • Interpretation.
  • Advice Of Legal Counsel.
  • Invalid Provisions.
  • Further Assurances.
  • Entire Agreement.
  • Applicable Law.

 

View Sample Document

Co Ownership agreement Boat Aircaft Marine Vessel


   

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 Co Ownership Agreement Contract Template Aircraft Boat Marine Vessel