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Buy a House with Friends Agreement Don`t buy a property with a friend or partner until you do your Agreement. If something goes wrong everyone knows when the property needs to be sold.                         Build a Company: Tired of being a sole trader, then create your own company for just $99.                        
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     Buy a House with Friends Agreement
   
Don't buy a property with a friend or partner until you do your Agreement. If something goes wrong everyone knows when the property needs to be sold.
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About the Buy a House with Friends Agreement

Buy a House with Friends Agreement is also known as Joint Purchase Agreement for Property and Co-purchasers Syndicate Agreement.

This is a Deed for use by 2 or more parties who are acquiring Property together. They may be husband and wife, a few friends or professional investors. The idea is that they are agreeing on certain terms which restrict the usual rights attached to ownership of property (such as the right to sell or mortgage it) in order to gain a mutual benefit.

You buy a property with your friend. You have a fight - what do you do? Can one of you force the sale? Can one of you buy the other out? Who decides? Can you force the sale on the open market?

The Buy a House with Friends Agreement addresses all these issues.

If you buy property with someone else it is prudent to have such a document.

Build the document now, while you are all friends and working together.


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This document has been prepared by: Alyce Conway-Mortimer

  Alyce Conway-Mortimer
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