Structure Co-ownership Section Review
In this section, you looked at how to structure your co-ownership arrangement. You now appreciate that this starts with two decisions:
✅ How to take and hold Title to the property
✅ Division of ownership interest between co-owners
Many co-buyers and co-owners overlook or over complicate this decision. Of course, there are other routes, but most are not appropriate for residential co-ownership because of consequences where a mortgage is involved.
Co-buyers must inform their deal team how they intend to take and hold Title before closing on a home. Based on your preferences and circumstances, you’re ready to discuss the matter with your co-buyer(s), and you’ll be prepared in advance.
Recommended Reading
CoBuy Blog: Splitting co-ownership
CoBuy Blog: Co-ownership Agreements
CoBuy Blog: LLCs
CoBuy Blog: Unmarried couples
Matt Holmes (LinkedIn) is co-founder and CEO of CoBuy, formed in 2016 to unlock homeownership for everyone. Before hopping a flight to Seattle to start CoBuy with his mother, Matt worked in investment banking and financial markets in London for a decade. He holds degrees from University College London (BSc Economics) and ESCP Business School (Masters, London & Turin).
Pam Hughes (LinkedIn) is Co-founder and COO at CoBuy. She has over 40 years of experience across finance, real estate, insurance, and construction. Pam has committed to personal empowerment through financial education for decades, which inspired her to start CoBuy with her son in 2016. She's best friends with a small dog known as Francis.