How shared ownership stays fair, clear, and stress-free
Every Global Homebase property is built around one core principle:
Co-ownership only works when everyone knows the rules — and trusts the system.
The Co-Owners Agreement defines how a shared home is used, managed, and protected over time.
It removes uncertainty, prevents conflict, and ensures that co-ownership feels simple from day one — and years ahead.
Why It Matters
Co-owning a second home is not about splitting a property.
It’s about sharing access, responsibility, and value in a way that feels natural and fair.
Without a clear framework, shared ownership becomes fragile.
With the right agreement, it becomes effortless.
The Co-Owners Agreement exists to:
- Set clear expectations from the start
- Protect both lifestyle and investment value
- Keep decision-making transparent and predictable
What the Co-Owners Agreement Covers
1. Usage Rights — Not Fixed Dates
- Ownership is defined in weeks, not calendar locks
- Weeks are booked through a shared calendar
- Booking is possible up to 24 months ahead
This ensures flexibility while preventing misuse or dominance by a single owner.
2. Fair Booking & Rotation Logic
- Weeks are grouped by season and demand
- When demand overlaps, a rotation system applies
- No one permanently controls the best weeks
Fairness is designed into the system — not negotiated each year.
3. Decision-Making & Voting
- One vote per ownership share
- Simple majority for daily matters
- Qualified majority for major changes or resale
This keeps governance practical, not political.
4. Maintenance, Care & Upgrades
- Day-to-day care handled locally
- Annual budgets include a reserve fund
- Larger upgrades require group approval
Homes stay in top condition — without surprises.
5. Renting Out Unused Weeks
- Allowed under clear platform rules
- Rental income flows to the property company
- Income offsets shared annual costs
Owners keep flexibility without turning the home into a hotel.
6. Transparency & Ongoing Support
- Local administration manages reporting and compliance
- Owners are connected through a private owner group
- Clear documentation, no hidden decisions
- Everything is visible. Nothing is improvised.
A Foundation for Long-Term Ownership
The Co-Owners Agreement is not legal noise.
It’s the operating system behind every Global Homebase property.
It ensures that:
- Homes stay enjoyable
- Relationships stay healthy
- Value stays protected
This is how shared ownership becomes something you trust — and recommend.
