Co-ownership Agreement - Real Estate

This is an agreement wherein two or more persons agree to jointly hold the title to the property.  This agreement includes, but is not limited to, a recital, and important clauses such as the term of the agreement, occupancy and use, common areas, joint ownership, joint obligations, rental and other income, relationship of the parties, disputes, notices, etc.  This agreement contains both standard clauses as well as opportunities for customization to ensure that the understandings of the parties are properly set forth.  This agreement is most useful to individuals or entities buying real estate together as partners.