Equity Sharing Agreement (Real Estate) Template for New Zealand

1. Mortgage and Financing: Required if the property purchase involves external financing or mortgages

2. Rental Management: Needed if the property will be rented out to tenants

3. Property Development: Include if parties plan to develop or significantly renovate the property

4. Death or Incapacity: Special provisions for handling ownership in case of death or incapacity of a party

5. First Right of Refusal: Option for existing parties to purchase others' shares before external sale

6. Valuation Mechanism: Specific procedures for property valuation in case of dispute or exit

7. Insurance Requirements: Detailed insurance obligations if specific coverage is required

8. Tax Treatment: Special provisions for handling tax implications if complex arrangements exist

1. Schedule 1: Property Details: Detailed property information including title details, certificates, and property condition report

2. Schedule 2: Financial Contributions: Detailed breakdown of each party's initial and committed future contributions

3. Schedule 3: Ownership Percentages: Detailed calculation and breakdown of ownership shares

4. Schedule 4: Expense Allocation: Detailed breakdown of how various expenses are to be shared

5. Schedule 5: Management Procedures: Detailed procedures for property management and decision-making

6. Appendix A: Property Valuation: Initial property valuation report

7. Appendix B: Property Plans: Property plans, drawings, and relevant certificates

8. Appendix C: Mortgage Details: If applicable, details of any mortgage or financing arrangements