Co tenants 2026

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The document is an agreement among three co-tenants, Alpha, Beta, and Gamma, regarding their jointly owned real property. It outlines the management of the property by Alpha as trustee, the restriction on partitioning the property without mutual consent for a specified period, and the rights of each party to convey their interest in the property. The agreement aims to ensure mutual benefit and address outstanding liens against the property.

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Click ‘Get Form’ to open the co-tenants agreement in the editor.
Begin by entering the date of the agreement in the designated field. This is crucial for establishing the timeline of your contract.
Fill in the names and addresses of each co-tenant (Alpha, Beta, and Gamma) in their respective fields. Ensure accuracy to avoid any legal complications.
Specify how the property is owned (e.g., tenants in common) and provide a detailed description of the property as outlined in Exhibit A.
Indicate each party's interest in the property, typically one-third, and confirm mutual agreements regarding management and financial distributions.
Complete any sections regarding restrictions on partitioning the property, including time periods and conditions for selling interests.
Finally, ensure all parties sign and date the document at the bottom. You may also need to include a notary acknowledgment based on your state’s requirements.

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Got questions?

We have answers to the most popular questions from our customers. If you can't find an answer to your question, please contact us.

What is the difference between a co tenant and an occupant?

A tenant has rights in terms of eviction, whereas an occupant does not unless required by local laws. Simply put, your contract and relationship are with the tenant. Youve allowed the occupant to live with the tenant but have no contract with them.

Can a co-tenant take over a lease?

Under the terms of most rental agreements, remaining tenants need to get the landlords permission for and approval of any new cotenants. Your landlord will likely require you and the new cotenant to sign a new rental agreement.

What is considered a co-occupant?

Any person(s) who will reside with the tenant in the rental property. If you will have co-occupants, you must declare it to the landlord or the real estate agency. Allowing co-occupants to reside in the property without permission can be grounds for eviction due to breach of contract.

What does youre an occupant mean?

Being an occupant means youre occupying a place. This has nothing to do with owning a house or renting an apartment; if you live there, youre an occupant. There are other occupants too, as in politics.

What is the legal definition of occupant?

Occupant is someone living in or using a premise or property as a tenant or owner, or someone has occupancy of a premise or property. An occupant does not need to be a tenant or owner, but can be someone living or using a property with the intention of acquiring ownership.

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