Faqs

Co-Owners might decide to go their separate ways. It happens. Our co-ownership agreement includes rights to buy out and rights to sell out. However if

To receive the First Home Owners Grant (FHOG) all co-owners must meet the eligibility criteria, otherwise the grant is forgone. However, co-owners will only receive

As part of our service, PodProperty arranges a letter of legal advice explaining the PodProperty Co-Ownership Agreement and how it affects your legal rights and

A common question is what happens if someone contributes a greater share towards the deposit, but you still want to own the property in equal

If you derived rent jointly (or in common) with another person from a jointly held property where you were not a member of a partnership

Where the co-ownership is not working out, the common sense approach would be to sell the property and divide the proceeds of sale. This is

The First Home Owners Grant is a scheme established by the government to help first home buyers to purchase their first home by offering a

Joint tenancy is the holding of property by two or more persons in equal shares. If one owner dies, his or her share will automatically

Remember that if you are co-borrowers, you are jointly and severally liable for each other’s debts. Under standard mortgage documents, borrowers are typically in default

Tenancy in common is a principle of property law in Australia that allows two or more people to own property together. Unlike joint tenancy, each

If the parties to the agreement are married, de-facto or in a domestic relationship, each party must have received independent legal advice and have obtained

Presently, Australian lenders do not offer separate loans for people who borrow together to purchase a property. Please note that co-borrowers will be jointly and

You must be a co-owner of a property or intend to be a co-owner of property. We treat each person who owns or will own

The term “de facto relationship” is defined in the Property (Relationships) Act 1984, a copy of which can be reviewed here. In determining whether two

If you have a question about property co-ownership, tenancy in common, co-ownership contracts & agreements, PodProperty or the services we offer, scan over the answers

The term “co-ownership agreement” refers to a contract between parties who own property together as “tenants in common”. It can cover many different types of

PodProperty’s Co-ownership Agreement deals with what happens if one of you wants to sell their share in the property. The following options are available to

The PodProperty Co-ownership Agreement regulates the relationship between the co-owners by including the following provisions: an indemnity in respect of each co-owner against liability caused

PodProperty has been operating in this niche for the last 7 years with great success. Our co-ownership agreement is considered industry leading and is used

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