With our Legal Documents feature, you can draw up a myriad of contracts in a few clicks. Instead of wasting hundreds of dollars on one agreement, you will pay a low subscription fee for an unlimited number of documents. Do you and your property co-owners want to find tenants? DoNotPay will help you create a personalized agreement in the blink of an eye.
Whether you want to draft a lease agreement or other legal documents, you should sign up for DoNotPay and do the following:. Take a look at the table below to see some of the contracts we can help you draft:. To ensure your property co-ownership agreement or any other document carries legal weight, you need to get it notarized. We will help you find a hour notary public and set up a virtual meeting in no time.
Rely on DoNotPay and have your documents notarized by an online notary in Alaska , Virginia , Michigan , or any other state. Are various subscriptions and memberships burning a hole in your pocket? DoNotPay can help you cancel all of your memberships in a matter of minutes without having to contact customer service reps. Next time you want to register for a free trial , prevent unexpected costs with our virtual credit card.
We will also generate a random email address you can use if you want to protect your privacy and avoid spam marketing emails. Do you need help claiming warranties and insurance policies? DoNotPay can help with that too. Avoid wasting money on lawyers—DoNotPay is here to help you sue anyone in small claims court and create numerous legal documents in the blink of an eye! DoNotPay users can save hundreds of dollars thanks to our app, but did you know that we can help you earn a few bucks as well?
Our app enables you to claim missing money under your name or file your application for paid clinical trials in less than five minutes. You can even get compensation for reporting robocalls or apply for a crime victims compensation program in your state by signing up for our app and following a few simple steps. The parties may suffer irreparable damage if this agreement is not enforced specifically according to its terms. All of the terms of this agreement shall be enforceable in a court having equity jurisdiction by a decree of specific performance, by injunction, or by both a decree of specific performance and injunction.
If any one or more of the provisions contained in this agreement is, for any reason, held to be invalid, illegal, or unenforceable in any respect, that invalidity, illegality, or unenforceability will not affect any other provisions of this agreement, but this agreement will be construed as if those invalid, illegal, or unenforceable provisions had never been contained in it, unless the deletion of those provisions would result in such a material change so as to cause completion of the transactions contemplated by this agreement to be unreasonable.
No waiver of a breach, failure of any condition, or any right or remedy contained in or granted by the provisions of this agreement will be effective unless it is in writing and signed by the parties waiving the breach, failure, right, or remedy. No waiver of any breach, failure, right, or remedy will be deemed a waiver of any other breach, failure, right, or remedy, whether or not similar, and no waiver will constitute a continuing waiver, unless the writing so specifies.
This agreement constitutes the final agreement of the parties. It is the complete and exclusive expression of the parties' agreement about the subject matter of this agreement. All prior and contemporaneous communications, negotiations, and agreements between the parties relating to the subject matter of this agreement are expressly merged into and superseded by this agreement.
The provisions of this agreement may not be explained, supplemented, or qualified by evidence of trade usage or a prior course of dealings. No party was induced to enter this agreement by, and no party is relying on, any statement, representation, warranty, or agreement of any other party except those set forth expressly in this agreement. Except as set forth expressly in this agreement, there are no conditions precedent to this agreement's effectiveness.
The descriptive headings of the sections and subsections of this agreement are for convenience only, and do not affect this agreement's construction or interpretation. This agreement will become effective when all parties have signed it. The date this agreement is signed by the last party to sign it as indicated by the date associated with that party's signature will be deemed the date of this agreement. Each party shall use all reasonable efforts to take, or cause to be taken, all actions necessary or desirable to consummate and make effective the transactions this agreement contemplates or to evidence or carry out the intent and purposes of this agreement.
Create now. View Sample. Why use our help with legal forms? A million reasons A successful track record Almost two million businesses have trusted us to help get them started, and millions have let us help them grow, no matter what shape or size. Attorney-drafted forms Our carefully prepared questionnaires take out the guess work. Real, live support We have customer support specialists just a phone call away to help steer you in the right direction. Here's the info you'll need to have handy to complete your doc:.
Who the owners are Have their names and contact info ready. Where the property is located Have the address and county ready, too. What each owner's share is Know what percentage of the land belongs to each owner. What's a Land Co-ownership Agreement? How it works. Answer simple questions and watch your doc auto-fill.
Save, download your PDF, and print. Visit My Account and access it anytime. Ready to build your doc? Get Started. Sample land co-ownership agreement Customize This land co-ownership agreement is between , an individual a n and , an individual a n. The parties therefore agree as follows: 1. The parties shall each hold their interests in the Property as tenants in common, based on the respective initial capital contributions listed in Exhibit B , at the percentages listed in Exhibit B.
Each party's respective ownership interest is referred to as its " Interest. Each party shall report on its federal and state income tax returns all items of income, deduction, and credits that result from its Interests. This reporting will be consistent with the exclusion of the parties from subchapter K or chapter 1 of the code. No party is authorized to act as an agent for, to act on behalf of, or do any act that will bind any other party, or to incur obligations with respect to the Property.
The parties shall unanimously approve: i any lease, sublease, deed restriction, or grant of easement on all or any part of the Property, but the conveyance of leases or subleases under contracts with third parties that have been previously approved do not require additional approval; ii any sale or exchange of the Property; iii any indebtedness or loan, or any negotiation or refinancing of any indebtedness or loan, secured by a lien on the Property; iv any successor or replacement Manager; v iv annual budgets for development and operations of the Property; and vi v any contracts, renewals, or amendments, and any transactions with parties affiliated with any party.
Decisions about the day-to-day management of the Property require the approval of a majority of the parties. Any party or the Manager can call a meeting by providing written notice at least days before the date of that meeting. The notice shall state the nature of the business to be discussed, and all parties and the Manager shall make reasonable efforts to attend the meeting, whether in person or by electronic means. Specifically, each party shall: a be entitled to all benefits of ownership of the Property, on a gross and not a net basis, including all items of income, revenue, and proceeds from a sale, refinance, or condemnation of the Property, in proportion to their Interests; and b bear, and be liable for, payment of all expenses of ownership of the Property, on a gross and not a net basis, including all operating expenses and expenses of a sale, refinancing, or condemnation, in proportion to their Interests, except for amounts to be retained for reserves or improvements in accordance with the Management Agreement or the applicable budget for the Property.
Each party shall execute any documents required in connection with a sale or refinancing of the Property.
Each party shall be responsible for its pro rata share, based on its Interest, of expenses, fees, and future cash needed in connection with the acquisition, financing, ownership, operation and maintenance of the Property, including any costs incurred before the effective date of this agreement. Each party may sell its Interest at any time. However, that sale must be for the selling party's entire Interest and to one buyer only.
If a party sells its entire Interest, the sale proceeds shall be used first to pay in full any mortgage or other lien to which that Interest is subject. After that, the balance, if any, will be distributed to the selling party. The new buyer shall take its interest subject to this agreement, and the seller and buyer shall sign a separate assignment agreement to this effect.
If the parties jointly sell or otherwise dispose of the Property in its entirety, the costs of that sale will be shared by all parties in accordance with their Interests.
The proceeds will be used first to pay in full any mortgage or other lien to which the Property is subject. After that, the balance, if any, will be distributed to the parties in accordance with their respective Interests.
0コメント