Document background
The Co-Ownership Agreement is essential when two or more parties wish to jointly own property in Ireland. This document becomes necessary in various situations, including family property sharing, business partnerships, investment arrangements, or residential co-living scenarios. The agreement, governed by Irish law and particularly the Land and Conveyancing Law Reform Act 2009, provides a comprehensive framework for managing shared property interests. It addresses crucial aspects such as ownership proportions, financial obligations, property use, maintenance responsibilities, decision-making processes, and exit strategies. This document helps prevent future disputes by clearly defining each party's rights and responsibilities, making it invaluable for both residential and commercial property co-ownership arrangements.
