Legal Docs for Co-Investors, LLCs, TICs

[Tiffany Shan]

If you're co-investing or sharing ownership of a property and you intend to hold it in a multi-member LLC or as tenants-in-common, my team and I may be able to help you draft very rigorous co-ownership agreements.

We've worked with very well-respected law firms & co-ownership specialists (we're based in SF, where TIC group ownership of large residential buildings is an active niche) to create very thorough, but flexible templates.

Strong co-ownership agreements eliminate ambiguity and prevent friction. We cover issues like:

• How to decide when to sell (and the logistics of selling - choosing brokers, etc.)
• Major disasters: death, divorce, bankruptcy - what happens to the asset?
• Which expenses are mandatory and which require unanimous consent

We're looking for feedback on these as they will serve as the basis for eventual loan products, so I can assure you we are very invested in creating exceptionally well-drafted docs. 

[email protected]