FREE 20+ Property Agreement Samples in MS Word | Google Docs | Pages | PDF

Partners who are united under marriage or civil partnership have the legal right to maintain or share their assets like properties. However, cohabiting couples do not have these rights, regardless of the years they have been together or whether they have kids or not. Signing a property ownership agreement can avoid legal issues once a couple mutually decides to break their relationship. Without this contract agreement, couples might find it difficult to establish unequal shares in their property even when the other has contributed more than the other person.

20+ Property Agreement Samples

1. Property Sharing Agreement Template

2. Property Ownership Agreement Template

3. Property Management Agreement Template

4. Property Relationship Agreement Template

5. Property Storage Agreement Template

6. Sample Property for Food Garden Agreement Template

7. Property Disposition Agreement Template

8. Basic Property Agreement Template

9. Sample Property Agreement Template

10. Mortgage For Purchase of Property Agreement Template

11. Property Access Agreement Form Template

12. Intellectual Property Agreement Template

13. Real Property Charitable Donation Agreement Template

14. Property Loan Agreement  and Receipt Template

15. Sample Personal Property Agreement Template

16. Real Property Purchase and Sale Agreement Template

17. School Property Agreement Template

18. Sample Entry to Property Agreement Template

19. Rental Property Agreement Template

20. Transfer of Property Agreement Template

21. Residential Real Property Lease Agreement Template

What is a Property Agreement?

Property agreements are written legal documents that provide details on the dispersal and ownership of an individual or a couple’s property. It highlights who owns what and how the property will be dealt with in case the couple has decided to part ways. These properties can refer to real estate properties, pensions, life insurance, belongings like vehicles, bank accounts, and other types of assets. A property agreement is a contract that has different types and some of these are land contract agreements, intellectual property agreements or contracts, real estate partnership contracts, bills of sale, property lease agreements, and loan agreements.

How to Write a Property Agreement

Sales agreement contracts are also used when finalizing the terms and conditions of purchasing a property. This type of agreement contains the description of the property and its inclusions, the final cost of the property, payment terms and method, contact lists of the parties, tax, maintenance, indemnity clauses, and more. Purchase agreements are commonly used during transactions in which a buyer purchases a product instead of a service.

Step 1: Provide the Basic Information of the Property Owners

The property ownership agreement starts with the background information of the property owners which includes their names, addresses, and contact information. It must also include the date when the contract was signed and the agreement’s terms and conditions.

Step 2: Include the Purpose of the Property Agreement

The purpose of the agreement refers to all the intentions of the parties involved, including issues related to the division of interest, development plan and control, the relationship between parties, the laws they follow, and more.

Step 3: Define the Financial Management Methods and Terms for Interest Disposal

The parties involved must follow a financial action plan or management plan to provide the appropriate contribution to daily expenses required to maintain the quality of the property which covers the property taxes and insurance fees. The agreement must also include the terms that a party must follow when they wish to terminate the contract.

Step 4: Determine Terms for Contract Termination and List of General Provisions

Provide the specific definition of the terms to terminate the contract including different scenarios in which a co-owner can potentially violate the purpose of the agreement. The list of general provisions refers to the governing laws, resolution for disputes, legal expenses, and more that are applicable to accomplish the property agreement.

FAQs

A property agreement is a legal document that is commonly written to define the outline of the roles and responsibilities of the property owners as well as the terms and conditions that a party must follow when they decide to terminate the agreement. Property ownership agreements help business owners protect their interests in their business properties while efficiently splitting the financial obligations of buying a particular property.