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Community Property to Joint Tenancy Form

Community Property to Joint Tenancy Form

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a sort of minimum agreement that we'd recommend should always address things like what is the ownership structure what happens in the case if someone passes away or is unable to make their commitments is there then some form of a right of first refusal where the remaining shareholders then have the ability to purchase the shares of the defaulting party or the party that has passed away what happens if one of those parties want to exit early and sell their shares and if that property is then sold how are profits or losses divided you know what do you do in the case where not all owners are able to contribute continually even if that is in the form of the deposit up front or throughout the shortfall repayments or the bond repayments how does that affect your profits and what do you do in the instance where someone wants to occupy part or all of the property how does that affect so those are the things that I would say should be the minimum basis for your agreement that you enter

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