Co-Ownership Agreement Template: A General Guide
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- Avg cost to draft a Co-ownership Agreement: $660.00
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- Clients helped: 283 recent co-ownership agreement template projects
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Find Co-ownership Agreement Templates by Type
Templates created by lawyers on the ContractsCounsel platform
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Used for co-owning an asset or property with other parties. Purchase comes in Word format with fillable fields to be customized for your purposes and will include instructions for completion.
Form includes the below sections:
- Term
- Management
- Operating Capital and Expenses
- Rights of First Refusal as Condition Precedent to Sale to Third Party
- Right of Partition
- Relationship
- No Waiver
- Language of the Agreement
- Severability
- Modifications
- Notices
- Force Majeure
- Successors
- Governing Law
- Mediation and Arbitration
- Entire Agreement
- Binding Effect
100% Lawyer Drafted
100% Lawyer Drafted
100% Lawyer Drafted
100% Lawyer Drafted
100% Lawyer Drafted
100% Lawyer Drafted
Used for co-owning an intellectual property asset(s) with other parties. Purchase comes in Word format with fillable fields to be customized for your purposes and will include instructions for completion.
Form includes the below sections:
- Property
- Term
- Management
- Operating Capital and Expenses
- Rights of First Refusal as Condition Precedent to Sale to Third Party
- Right of Partition
- Relationship
- No Waiver
- Language of the Agreement
- Severability
- Modifications
- Notices
- Force Majeure
- Successors
- Governing Law
- Mediation and Arbitration
- Entire Agreement
- Binding Effect
100% Lawyer Drafted
100% Lawyer Drafted
Used for co-owning a real estate property with other parties. Purchase comes in Word format with fillable fields to be customized for your purposes and will include instructions for completion.
Form includes the below sections:
- Nature of Relationship Between Co-Tenants
- Management
- Income and Expenses
- Obligations
- Sale or Encumbrance of Property
- Possession
- Treatment of Improvements
- Transfer or Encumbrance
- Partition
- Bankruptcy Option
- Bankruptcy Option
- General Provisions
100% Lawyer Drafted
100% Lawyer Drafted
Used for co-owning an investment with other parties. Purchase comes in Word format with fillable fields to be customized for your purposes and will include instructions for completion.
Form includes the below sections:
- The Investment
- Future Issuances of Securities
- Right of First Offer
- Right to Participate
- Right to Convert
- Transfer of Business Opportunities
- Public Update Meetings
- Legal Counsel
- Indemnification; Limitation of Liability
- Governing Laws
- Notices
- Force Majeure
- Successors
- Governing Law
- Mediation and Arbitration
- Entire Agreement
- Binding Effect
What is a Co-Ownership Agreement Template?
A co-ownership agreement template is a pre-formatted legal document that outlines the terms and conditions for jointly owning an asset(s) between two or more parties. These agreements address terms like ownership percentages, management responsibilities, operating capital and expenses, and right of first refusal if the asset was to be sold by a party of the agreement.
Given these are contract templates, this means a lawyer has drafted the agreement and left important fields to be filled in when the co-ownership agreements needs to be used. These fields include:
- Date of the agreement
- Names and addresses of the co-owners
- Percentage of ownership
- Description of the specific property being jointly owned
- Term of the agreement
- Manager of the jointly owned property
- Governing law and jurisdiction
What Are the Different Types of Co-Ownership Agreement Templates?
There are four main types of sponsorship agreement templates for sale in the ContractsCounsel template marketplace. These include:
- General Co-Ownership Agreement
- Real Estate Co-Ownership Agreement
- Investment Co-Ownership Agreement
- Intellectual Property Co-Ownership Agreement
General Co-Ownership Agreement Template
A general co-ownership agreement is a pre-formatted legal contract that sets the terms and conditions for two or more parties owning an asset jointly. This template will address the names of the owners, ownership percentage, management responsibilities, and first right of refusal.
General means it can be used across many different asset types, so it has been drafted in a more flexible way to apply to a wider range of assets.
Real Estate Co-Ownership Agreement Template
A real estate co-ownership agreement is a pre-formatted legal agreement that joint owners of a real estate property use to govern their relationship. This agreement defines the rights, responsibilities, and obligations of each party as it relates to the ownership, management, and eventual sale of the property.
This template is drafted specifically for the joint ownership of real estate
Investment Co-Ownership Agreement Template
An investment co-ownership agreement is a pre-formatted legal contract between the joint owners of an investment that governs the terms and conditions of their jointly owning the investment. The contract will address the names of the parties, ownership percentage, roles, and responsibilities, and how to handle the investment over time.
This template is specifically drafted for jointly owned investments.
Intellectual Property Co-Ownership Agreement Template
An intellectual property co-ownership agreement is a legal contract that governs the rights of the parties that jointly owners’ intellectual property – like trademarks, copyrights, patents, and trade secrets. The agreement lays out the terms and conditions that govern the parties’ relationships and outlines how the IP is managed and what happens when it sells.
This template is specifically drafted for jointly owning IP.
What Are the Most Important Terms Included in a Co-Ownership Agreement?
Depending on the type of co-ownership arrangement, terms can slightly vary. However, below are some common and important terms you will find in these templates:
- Owner Names. The agreement will clearly outline the legal names and addresses of the parties involved in owning the asset.
- Ownership Percentage. The agreement will make clear the ownership percentage of each party. Example, 50%, 25%, 5%, etc.
- Clear Description of Property. The agreement will clearly state the description (i.e., address, company name, etc.) of the property so there is no question what property is jointly owned.
- Management Responsibilities. The agreement will assign and address how the property or asset will be managed, and what roles the owners have in that. Note, property may be managed by a third party.
- Operating Capital and Expenses. The agreement will address any operating capital accounts and how expenses are handled between the owners.
- Right of First Refusal. If the asset is ever sold, it is common to see a right of first refusal being granted to the co-owners, which gives them the right to buy out another co-owner before selling the property to a third party.
How To Fill Out a Co-Ownership Agreement Template
Here is a step-by-step guide to fill out a co-ownership agreement template for sale on ContractsCounsel.
Step 1: Date of Agreement
The first step is to fill in the effective date of the agreement, which is the date the agreement starts. You will find a field in the template which looks like this: [DATE].
Step 2: Co-Owner Names and Addresses
The next step is to fill out the co-owners’ legal names and addresses, which are the fields [NAME OF CO-OWNER] and [COMPLETE ADDRESS].
Step 3: Ownership Percentage
The next step is to fill out the ownership percentage for the co-owners, which you will see a field named [PERCENTAGE].
Step 4: Description of Asset or Property
The next step is to fill in the description of the asset or property, and it is good to use a unique identify like an address or business name. This field will look like [DESCRIBE THE SPECIFICS OF THE PROPERTY].
Step 5: Management
The next step is to specify who will be managing the property or asset. Note, this could be a co-owner or a third-party company. This field says [SPECIFY PERSON/COMPANY] and is in the Management section.
Step 6: Governing Law
The next step is to fill in the governing law field of the agreement, which is the state laws that will govern the agreement. This is indicated in the template with a [STATE] field.
Step 7: Signatures
The final step is to populate the signatures section and have the co-owner’s sign.
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ContractsCounsel is not a law firm, and this post should not be considered and does not contain legal advice. To ensure the information and advice in this post are correct, sufficient, and appropriate for your situation, please consult a licensed attorney. Also, using or accessing ContractsCounsel's site does not create an attorney-client relationship between you and ContractsCounsel.
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Jessee B.
Jessee B.
Whether you’re a founder, business owner, creative professional, creator, entertainer, influencer, podcaster, content creator, athlete, artist, actor, model, musician, startup, nonprofit, or entrepreneur, Creative Counsel Law is here to help you launch, scale, and protect your brand. We understand the unique challenges and opportunities of turning your vision into reality. That’s why we provide legal expertise, personalized counsel, and innovative solutions designed to meet your needs. Services include: > Creative Industry Counsel: Legal guidance for creators and creative professionals related to branding, design, writing, film, music, art, entertainment, social media, e-commerce, marketing, advertising, Name, Image, & Likeness (NIL), intellectual property, content creation, ownership, licensing, collaboration agreements, brand development and protection. > Fractional General Counsel: Ongoing legal guidance and support for businesses of all sizes. > Business Formation, Support & Legal Strategy: Tailored legal services and support to meet your business needs, including entity formation (partnerships, LLCs, corporations), corporate governance, compliance, strategic planning, financing, mergers and acquisitions, transactions, risk management, employment agreements, operational contracts, and regulatory guidance. > Intellectual Property: Trademark and copyright search, registration, renewal, and strategic solutions to safeguard your brand, creative assets, and intellectual property rights. > Contract Review, Drafting, & Negotiations: Drafting, reviewing, and negotiating agreements to protect your interests and advocate for the compensation you deserve; employment contracts, partnership agreements, vendor contracts, licensing deals, confidentiality agreements, joint venture agreements, service agreements, and more. > Startup & Nonprofit Guidance: Compliance strategies and support for growth and sustainability. > Real Estate Assistance: Guidance and expertise for property title issues, purchases, sales, leasing, contract negotiations, and compliance with real estate laws and regulations. At Creative Counsel Law, we combine legal expertise with a client-centered approach to empower innovators and entrepreneurs across industries. Your vision deserves a legal partner who understands both your business goals and your creative passions. Want to work together? Reach out to hello@creativecounsellaw.com and let us know what you need help with.
Rhea d.
Rhea de Aenlle is a business-savvy attorney with extensive experience in Privacy & Data Security (CIPP/US, CIPP/E), GDPR, CCPA, HIPAA, FERPA, Intellectual Property, and Commercial Contracts. She has over 25 years of legal experience as an in-house counsel, AM Law 100 firm associate, and a solo practice attorney. Rhea works with start-up and midsize technology companies.
"Rhea is very knowledgable, quick, and provides great communication."
Donya G.
Donya G.
I am a Contracts and Mergers & Acquisitions Attorney with more than 25 years of diverse legal and business experience. My practice focuses on mergers and acquisitions, commercial contracts, contract dispute resolution, and a broad range of business-related legal matters. I have extensive experience managing and closing transactions across a variety of industries, including SaaS, IT, eCommerce, franchises, agencies, and food services. I take a practical, business-oriented approach to transactions, helping clients efficiently navigate complex deals from initial structuring and negotiation through execution and closing. My combined legal, litigation, financial, and business experience allows me to deliver strategic, efficient, and practical solutions tailored to my clients’ objectives, whether in deal negotiations, contract structuring, dispute resolution, or complex business transactions
"Donya was an amazing partner and was very patient and diligent in dealing with the APA and OA. I highly recommend her as she knows her stuff, is confident, and always has your back."
Michael M.
www.linkedin/in/michaelbmiller I am an experienced contracts professional having practiced nearly 3 decades in the areas of corporate, mergers and acquisitions, technology, start-up, intellectual property, real estate, employment law as well as informal dispute resolution. I enjoy providing a cost effective, high quality, timely solution with patience and empathy regarding client needs. I graduated from NYU Law School and attended Rutgers College and the London School of Economics as an undergraduate. I have worked at top Wall Street firms, top regional firms and have long term experience in my own practice. I would welcome the opportunity to be of service to you as a trusted fiduciary. In 2022 and 2023, I was the top ranked attorney on the Contract Counsel site based upon number of clients, quality of work and number of 5 Star reviews.
"Highly professional. Quick response. Reliable. Pleasant to deal with."
Antoine D.
In his firm, Talented Tenth Law, Antoine focuses on helping people maximize their protection and prosperity in the courtroom and the boardroom. His firm’s services include representing people in lawsuits involving breach of contract, many types of civil lawsuits and helping business owners win government contracts among other things.
George O.
George Oggero is a down-to-earth lawyer who understands that his clients are human beings. He is a lifelong Houston resident. He graduated from St. Thomas High School and then Texas A&M University. He obtained his Doctor of Jurisprudence from South Texas College of Law in 2007. He is experienced in real estate, criminal defense, civil/commercial matters, personal, injury, business matters, general counsel on-demand, and litigation.
"George simply and clearly helped me understand the requirements associated with my business which saves me time, money and unnecessary paperwork!"
October 30, 2020
Lyndsey G.
Attorney of 6 years with experience evaluating and drafting contracts, formation document, and policies and procedures in multiple industries. Expanded to estate planning last year.
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Revise LLC Operating Agreement - Real Estate - 2 Members - California
"thank you"
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"Like me, you were probably wondering how your bid was so much cheaper than the others. Yes, he uses AI as a tool but he also has the expertise to address specific points and interpretations. He was very punctual, patient, and professional. The first draft of the co-ownership agreement produced was immediately accepted (my AI-generated ones were not!)."
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Buying a real estate property with a friend in the state of Florida - 55Plus community- need a valid Florida real estate contract valid in court and prior to purchasing property agreement
"I had an excellent experience working with Ralph S. on drafting an agreement for purchasing real estate in Florida. He is knowledgeable, thorough, and guided me through every detail with clarity and professionalism. The agreement was well-crafted, easy to understand, and tailored to protect my interests. His responsiveness and expertise made the entire process smooth and stress-free. I highly recommend his services for any real estate matters in Florida."
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"Very easy to work with, and very communicative. Would recommend!"
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Quick, user friendly and one of the better ways I've come across to get ahold of lawyers willing to take new clients.
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Review Co-Ownership Agreement for Home Purchase
Location: Minnesota
Turnaround: A week
Service: Contract Review
Doc Type: Co-ownership Agreement
Page Count: 5
Number of Bids: 6
Bid Range: $350 - $2,000
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