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.

Document Type: Microsoft Word
Last Updated: 16-July-2021
SKU: 6081
$29.99
Related products
Picture of Land Co-Ownership Agreement

Land Co-Ownership Agreement

Purchase land with one or more other parties and protect the interests of all purchasers with this Co-ownership of Land Agreement.

  • The parties are buying the property as tenants in common.
  • Costs will be borne, and capital gains or losses distributed, proportionate to each of the owners' interest.
  • The relationship between the parties is NOT a joint venture.
  • If one owner wishes to sell its interest, the other owner(s) will be granted a right of first refusal, and must follow the procedure for buying out a co-owner.
  • Owners have the right to transfer title to a holding company or to a trust.
  • This is a generic Land Co-Ownership Agreement template which is not specific to any country or region.
  • Available in MS Word format and fully editable to meet your needs.
$29.99
Picture of Right of Use Agreement for Vacation Property

Right of Use Agreement for Vacation Property

Do you own a vacation property in common with one or more other owners? Make sure your rights and obligations are clearly set out with this Right of Use Agreement Between Co-Owners ⁄ Tenants in Common.

  • The Agreement outlines the use periods for each co-owner during the calendar year.
  • Each co-owner has the right to sublease the vacation property to someone else during their assigned use period if they are unable to use it.
  • Procedures for leasing to third parties during the balance of the year.
  • Provisions for retaining a property manager to look after the property during those times when the co-owners are not there.
  • Allocation of payment of taxes, costs and expenses among the co-owners.
  • Procedure for selling, mortgaging or dealing with a co-owner's interest if the other co-owners have no pre-emption rights.
  • If there are pre-emption rights, the other co-owners have a right of first refusal before any co-owner can deal with his/her percentage interest.

The Right of Use Agreement can be used for vacation property practically anywhere in the world. To get your copy, add it to your cart, check out and pay. Download, personalize, and print it for signature.

$29.99