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This section covers what you should include in a co-ownership agreement. Joint ownership agreement residential property template.Does a surviving spouse inherit the entire interest in the home when the other dies? A coownership agreement governs the relationship and expectations of coowners relating to their shared ownership in a property. Please read the following before completing this application form. 1. Goals means the parties' shared goals under this Agreement: (i) for you to continue to occupy the Property as a co-owner;. This means that the co-owners can own the property in differing shares, unlike in joint tenancy where each party owns the property equally. "Undivided interest" means that each owner has an equal right to use and enjoy the entire property.
