Co‑Ownership Agreements Made Real with Propple
Owning property with friends, family, or partners is a smart way in—but it’s not without risk. That’s why a rock-solidco-ownership agreementis your best friend. Think of it as the “rulebook” for shared ownership—not sexy, but it saves friendships, fights, and finances down the track.
Joint Tenancy: Equal ownership. If one owner dies, their share automatically passes to the other(s). Great for partners, not ideal for friends.
Lawlab+3propple+3Neomoney+3The Guardian+7Bargo Tire Real Estate+7BritWealth+7
Tenants-in‑Common: Each owner gets a fixed % that can be uneven and willed to someone else.
Much better for investors, friends, and flexible
plans.openagent.com.au+8BritWealth+8Neomoney+8
If a co-owner stops paying, all co-owners’ credit may get hit.hcplaw.com.au+6The Guardian+6Genie AI+6
One co-owner might leave you stuck in mortgage debt with no way to exit quickly.
Holding property together can limit your ability to borrow for other investments later.The Australian+1
Worst-case: disagreements can lead to court action or forced sale. This sucks mentally and financially.The Guardianealawyers.com.au
We help you set up a professional co-ownership agreement built for groups using the Tenants-in‑Common structure.
We ensure you cover who owns what, who pays what, and what happens if something changes.
We include an exit plan, built-in dispute resolution steps, and clear voting rules so no one gets trapped or surprised.
We partner with legal experts and accountants so it’s solid—without giving you jargon fatigue.
Groups buying together—friends, housemates, family
First-home buyers splitting things up evenly or unevenly
Investor groups building a portfolio together
Anyone who wants peace of mind when owning property with others
Around money, montgage, or maintenance
Exit chaos if someone want to leave
Legal nightmares, like insolvency or death
If one person misses a paymanet, all co owners can get dinged
Sets who owns what % of the property — can be 50/50 or uneven based on cash in.RP Emery and Assoc Legal Template Kits+6Bargo Tire Real Estate+6Neomoney+6
Details who pays mortgage, rates, insurance & repairs. Clear splits fewer fights.ljhooker.com.auopenagent.com.au
Who lives there, can you sublet, do you rent it out? Covers shared use.ljhooker.com.auopenagent.com.au.
Anyone who wants peace of mind when owning property with others
Laying out a plan for if someone wants to sell or needs to walk away. First rights, appraisals, sale triggers.ljhooker.com.auealawyers.com.au
Covers disagreements, death, incapacity, bankruptcy—includes a process to resolve or sell.ealawyers.com.auopenagent.com.au
A co-ownership agreement isn’t just paperwork—it’s your protection. It lets you own property with others but still stay independent, clear, and fair.Need help making your agreement right for your group? Propple’s got you covered.
Please leave your contact details below and one of our friendly team will be in touch!
