Co Ownership Agreement Aircraft / Boat / Marine Vessel

When to Use this Co Ownership Agreement

Use this agreement when two or more parties wish to purchase a boat or aircraft as co-owners.

Co-owning an asset with a group of like-minded investors enables you to share the associated financial and other responsibilities, including:-

the upfront purchase price;
ongoing costs;
maintenance and repairs;
storage;
insurance costs.

Buy Co Ownership Agreement Only $249.00

The document defines the rights and responsibilities of the shareholders and will provide strong legal recourse in the event of a misunderstanding arising or any party fails to meet their obligations to the other shareholders while under contract.

For ease of use we have provided 2 versions of the agreement – one for Boat or Marine Vessel and one for Aircraft.

The Contract includes the following provisions

Cost of Co-Ownership.
Meetings and Records.
Co-Ownership Policies.
Maintenance
Usage
Sale Or Withdrawal From Co-Ownership.
Arbitration.
Severability.
Waiver Of Contractual Right.
No Representations.
Interpretation.
Advice Of Legal Counsel.
Invalid Provisions.
Further Assurances.
Entire Agreement.
Applicable Law.

Your professionally drafted, easy to use co-ownership agreement is available for immediate download. The document comes to you as a Microsoft Word template that can be used as often as you like. Simply insert the correct information in the appropriate field and tab to the next. Now print your professional agreement!