If you are purchasing a property together with someone else, whether that be a friend, family member, or romantic partner, you absolutely need a co-ownership agreement to set out your rights and obligations.
Whenever two or more parties want to buy a house, commercial property, holiday home or other piece of real estate together, a written contract between the parties (ie tenants in common) is crucial to protecting the interests of all the parties involved.
You may be friends buying a house together or just friends developing a piece of land. Without a clear agreement setting your rights and obligations, you are venturing out into unchartered waters.
Let PodProperty assist with a Co-Ownership Agreement Template, for a very reasonable price.