The Shared Ownership Agreement Template UK is offered in multiple formats, including PDF, Word, and Google Docs, featuring both editable and printable examples for your convenience.
Shared Ownership Agreement Template UK Editable – PrintableSample
Shared Ownership Agreement Template UK 1. Participant Information 2. Property Information 3. Agreement Details 4. Financial Contributions 5. Rights and Responsibilities of Co-Owners 6. Dispute Resolution 7. Termination of Agreement 8. Additional Terms 9. Signatures and Agreement 10. Declaration and Signatures
PDF
WORD
Examples
[Name of the Shared Owner]
[Shared Owner’s ID]
[Shared Owner’s Address]
[Shared Owner’s Phone]
[Shared Owner’s Email]
[Housing Association or Provider Name]
[Provider’s ID]
[Provider’s Address]
[Provider’s Phone]
[Provider’s Email]
This Shared Ownership Agreement sets forth the terms and conditions under which [Name of the Shared Owner] will purchase shares in the property located at [Property Address], commencing on [Start Date].
The Shared Owner will initially purchase [Percentage] of the property, with the option to purchase additional shares in the future as permitted by the Provider.
The Shared Owner agrees to pay the Provider rent for the remaining share of the property, which is calculated at [Amount] per month, due on [Payment Schedule, e.g., the first of each month].
The Shared Owner and Provider will share responsibilities concerning maintenance, repairs, and any improvements to the property, as detailed in the accompanying maintenance schedule.
The Shared Owner has the right to live in the property as their primary residence and must comply with any rules set forth by the Provider regarding the use and maintenance of the property.
This agreement may be terminated by either party under specified conditions, and the Shared Owner may sell shares back to the Provider or to a third party under agreed conditions.
[Signature of the Shared Owner]
[Name of the Shared Owner]
[Signature of the Provider]
[Name of the Provider]
[Name of the Shared Owner]
[Shared Owner’s ID]
[Shared Owner’s Address]
[Shared Owner’s Phone]
[Shared Owner’s Email]
[Housing Association or Provider Name]
[Provider’s ID]
[Provider’s Address]
[Provider’s Phone]
[Provider’s Email]
This agreement outlines the responsibilities and rights of the Shared Owner for the property located at [Property Address], entered into on [Start Date].
The Shared Owner will purchase [Percentage] of the value of the property, with the opportunity to acquire additional shares as financial circumstances allow.
The Shared Owner shall pay a monthly rent of [Amount] for the unowned shares, due on [Payment Schedule, e.g., monthly, quarterly].
Both parties are responsible for maintenance and repair obligations as outlined in the joint management plan, ensuring the property is kept in good condition.
The Shared Owner shall occupy the property as a primary residence and is subject to the Provider’s guidelines regarding sub-letting and alterations.
In the event of termination, the Shared Owner must provide [Notice Period] written notice and may require an evaluation of the property to sell their share according to market conditions.
[Signature of the Shared Owner]
[Name of the Shared Owner]
[Signature of the Provider]
[Name of the Provider]
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