The operating agreement lays out the details that help co-ownership run smoothly over time. It’s designed to answer the important questions early, so there’s less room for confusion later.
It covers how ownership is structured, including each co-owner’s share, financial contributions, and ongoing responsibilities. It defines how decisions are made, how expenses and income are shared, and how shared rules are set and updated.
The agreement also plans for change. It outlines what happens if someone wants to sell their share, needs to step away, or if life circumstances shift. By putting these scenarios in writing upfront, co-owners have a clear, agreed-upon path forward when things evolve.
Together, these details create a shared understanding that protects the home, the investment, and the relationships behind it.
Confirm the details of the property and everyone involved, and Joynt will provide a custom operating agreement for your co-ownership. Each owner reviews and signs, with the structure backed by an LLC.
Contributions, responsibilities, and decision-making rules are clearly documented from the start, so everyone knows what’s expected before anything is finalized. It’s a simple, thoughtful way to set ownership up the right way.
Legal protection is just the start of how Joynt allows you to co-own with confidence.
We set up a property-specific LLC, which limits your personal liability and keeps your personal assets safe.
About LLC Formation ->
One of the biggest fears in co-ownership is, "What happens if I need to sell my share?" With Joynt, you have a clear, simple, and drama-free exit strategy built-in from the start.
How we help co-owners exit ->
