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    Tenants in Common Agreement for Investment Property | Australia


    Before you co-purchase that holiday or investment property with friends or family members, draw up a Tenants in Common Agreement with this easy-to-use template for Australia.

    The Agreement can be used for time shares, holiday homes, or revenue properties. Provisions of the Agreement include:

    • the proportion of the property owned by each co-owner;
    • the time period during which each co-owner will have exclusive use of the property;
    • responsibility of each co-owner for property maintenance;
    • appointment of a management and letting agent;
    • rental of the property;
    • insurance, common costs, and utilities;
    • additional capital injections;
    • sale of property with and without pre-emption rights;
    • mortgage or encumbrance of the property;
    • market valuation;
    • power of attorney;
    • dispute resolution.

    This Australia Tenants in Common Agreement template is to be signed as a deed and registered at the Land Title Office.

    Download Type: Microsoft Word
    Last Updated: 16-July-2021
    SKU: 6081