When you have spoken to the mortgage broker, and know what the financing arrangements will look like, it will be time to familiarize yourself with the Joint Venture Agreement. We will help you fill it out, if you like, and you are welcome to take it to your lawyer to answer any questions or concerns. Beacon Law has created our current agreement and are available for consultation.

Visit the Beacon Law website to check them out. Contact Del Elgersma (elgersma@beaconlaw.ca) Kelvin Schever (Schever@beaconlaw.ca)

Check out the Beacon Law video page for more information Click Here

Beacon Law provides an article on co-ownership agreements Click here

The following list is the Table of Contents for the co-ownership agreements.

1. Co-ownership details
2. Co-ownership and occupancy
3. Joint account
4. Use of property
5. Maintenance and repair
6. Capital improvements
7. Sale of the property
8. Consent
9. Default
10. General provisions
11. Schedule “A” – Expenses
12. Schedule “B” – Extra agreements

Once all your questions and concerns about the legal agreements have been addressed, the next step in the process is to meet with your Shared Home Ownership partner to ensure compatibility!