Create a bespoke document in minutes, or upload and review your own.
Get your first 2 documents free
Your data doesn't train Genie's AI
You keep IP ownership of your information
Shared Ownership Lease Agreement
"I need a Shared Ownership Lease Agreement for a two-bedroom apartment in Manchester where the initial share will be 25%, with an option to staircase up to 100% ownership, and the property will be part of a managed development with service charges."
1. 1. Parties: Details of the housing provider/landlord and the shared owner/leaseholder
2. 2. Background: Context of the shared ownership arrangement and property details
3. 3. Definitions: Key terms used throughout the lease including 'Initial Percentage', 'Market Value', 'Rent'
4. 4. Grant of Lease: The formal grant of the lease and its term
5. 5. Rent Provisions: Details of rent calculation, payment terms, and review mechanisms
6. 6. Leaseholder Covenants: Obligations of the shared owner including maintenance, repairs, and use restrictions
7. 7. Landlord Covenants: Obligations of the housing provider including insurance and structural repairs
8. 8. Staircasing Provisions: Process for increasing ownership share
1. Mortgagee Protection Clause: Required when the property will be mortgaged - include if shared owner requires mortgage financing
2. Management Company Provisions: Details of property management arrangements - include for properties in managed developments
1. Schedule 1: Property Description: Detailed description of the property including plans
2. Schedule 2: Easements and Rights: Rights granted and reserved in relation to the property
3. Schedule 3: Service Charge Provisions: Details of service charge calculation and included services
4. Schedule 4: Staircasing Provisions: Detailed procedures for staircasing including valuation requirements
5. Schedule 5: Rent Review: Detailed rent review mechanism and calculations
Authors
Additional Rent
Affordable Housing Scheme
Basic Rent
Commencement Date
Common Parts
Default
Disposal
Equity Percentage
Estate
Fair Rent
Final Staircasing
Ground Rent
Homes England
Initial Market Value
Initial Percentage
Insurance Rent
Lease
Management Company
Market Value
Minimum Rent
Mortgagee
Outgoings
Permitted Use
Premium
Property
Relevant Percentage
Rent
Rent Review Date
Reserved Rights
Service Charge
Service Charge Year
Services
Shared Ownership Lease
Specified Rent
Staircasing
Structural Parts
Term
Total Percentage
Transfer
Unacquired Percentage
Valuation Date
Valuer
Term and Rent
Rent Review
Staircasing Provisions
Insurance
Repair and Maintenance
Service Charges
Use Restrictions
Subletting and Assignment
Mortgagee Protection
Landlord Covenants
Tenant Covenants
Default and Forfeiture
Management Obligations
Alterations and Improvements
Alienation
Common Parts
Rights and Reservations
Sale and Transfer
End of Term Provisions
Notice Requirements
Costs and Expenses
Registration Requirements
Stamp Duty
Severance
Entire Agreement
Third Party Rights
Governing Law
Dispute Resolution
Find the exact document you need
Dog Ownership Contract
A legally binding agreement under English and Welsh law governing the transfer of dog ownership and associated responsibilities.
Equal Ownership Contract
A legally binding agreement under English and Welsh law establishing equal ownership rights and responsibilities between multiple parties in a business venture.
Corporation Ownership Agreement
A legal agreement governing corporate ownership and shareholder relationships under English and Welsh law.
Corporation Partnership Agreement
A legal agreement governing partnerships between corporate entities under English and Welsh law, establishing rights, obligations, and operational framework.
Generic Partnership Agreement
A legal document under English and Welsh law establishing the terms and conditions of a business partnership between two or more parties.
Joint Sale Agreement Property
A legal agreement for property sale by multiple owners under English and Welsh law.
Startup Business Partnership Agreement
A legal agreement under English and Welsh law that establishes the terms and conditions for partners in a startup business venture.
Partnership Share Agreement
A legally binding agreement under English and Welsh law that establishes partnership ownership terms, rights, and obligations.
Mutual Partnership Agreement
A legal agreement under English law establishing terms and conditions for business partners to operate jointly.
Fractional Ownership Agreement
An English law agreement governing shared ownership of property or assets, detailing rights, responsibilities, and management arrangements between co-owners.
Operating Partnership Agreement
A legal agreement governing partnership operations and relationships between partners under English and Welsh law.
Co Ownership Business Agreement
A legally binding agreement under English law that establishes terms and conditions for shared business ownership between multiple parties.
Beneficial Owner Agreement
A legal document under English and Welsh law that establishes and documents beneficial ownership arrangements and associated rights and obligations.
Sales Partnership Agreement
A legally binding agreement under English and Welsh law that establishes terms between a company and its sales partners.
Property Sharing Agreement
A legal agreement under English and Welsh law establishing rights and responsibilities between property co-owners.
Partnership Investment Agreement
A legal agreement governing partnership investments under English and Welsh law, establishing terms for capital contribution, management, and profit sharing.
Joint Purchase Agreement
A legal agreement under English and Welsh law establishing terms for joint purchase and ownership of assets between multiple parties.
Download our whitepaper on the future of AI in Legal
Genie’s Security Promise
Genie is the safest place to draft. Here’s how we prioritise your privacy and security.
Your documents are private:
We do not train on your data; Genie’s AI improves independently
All data stored on Genie is private to your organisation
Your documents are protected:
Your documents are protected by ultra-secure 256-bit encryption
Our bank-grade security infrastructure undergoes regular external audits
We are ISO27001 certified, so your data is secure
Organizational security
You retain IP ownership of your documents
You have full control over your data and who gets to see it
Innovation in privacy:
Genie partnered with the Computational Privacy Department at Imperial College London
Together, we ran a £1 million research project on privacy and anonymity in legal contracts
Want to know more?
Visit our Trust Centre for more details and real-time security updates.
Read our Privacy Policy.