Caravan share agreement

€35.00
drsWe can check your edited document. Find out more
Comprehensive agreement of the terms and conditions for the shared (fractional) ownership of a touring caravan between three or more parties.
Compliant
Compliant with the latest law
Document propertied
Document properties
  • Length:12 pages (4095 words)
  • Available in:
    MsWordMicrosoft Word DOCXApple pagesApple PagesRTFRTF
Guaranteed
Backed by our watertight guarantee

If the document isn’t right for your circumstances for any reason, just tell us and we’ll refund you in full immediately.

Edit Document
Written in plain English

We avoid legal terminology unless necessary. Plain English makes our documents easy to understand, easy to edit and more likely to be accepted.

Notes
Guidance notes included

You don’t need legal knowledge to use our documents. We explain what to edit and how in the guidance notes included at the end of the document.

Email
Support from our legal team

We offer free support by email in respect of editing the document. You can also use our Document Review Service if you want to our legal team to check that the document will do as you intend.

Update
Up to date with the latest law

Our documents comply with the latest relevant law. Our lawyers regularly review how new law affects each document in our library.

How our service works
Writing
Edit Your Document
Download your document & complete it at your own pace. Our guidance notes explain what to consider and how to edit.
Investigation
Upload for Legal Review
Let our legal team check that the document does what you intend.
Printing
Print, Date & Sign
Signing the document makes it legally binding.

About this document

This is a comprehensive document that deals with the terms of ownership, by three or more parties of a touring caravan. The parties may be couples, relatives, friends or unknown to each other. By ‘touring caravan’, we mean a towing vehicle, with no engine but that is a self contained accommodation unit.

We have separate documents for static caravans (that is, the self contained, permanently situated accommodation units often found within larger caravan sites) and motor homes (the all-in-one vehicle accommodation unit).

The document deals extensively with issues like ownership rights of the parties which may be in equal or unequal proportion. It also includes a time table and notes on the manner of sharing the use of the touring caravan and the responsibilities of each party in maintenance and upkeep of the caravan. Essential with this asset is that it is towed correctly. We have ensured that is dealt with too. Additionally, there are paragraphs on various exit strategies.

This document is different from the document for ownership by two parties. It provides for exclusive terms to ensure minimum disruption to each party if the others want to sell their share. It also provides for proper management even where the parties cannot decide by mutual agreement.

Note on legal ownership:

Even if ownership of your touring caravan is registered with some organisation, the particulars will not record the shares in which the touring caravan is held. So if you own 60% and I own 40% we have to record that in some other document. If we do not do so, “the Law” will assume we own in the shares in which we contributed to the purchase price. This may or may not be the same thing. These Net Lawman agreements specifically record the shares. They also record shares which may be owned by someone who is not a registered owner. Such an interest is called a beneficial interest.

Application and features

  • Comprehensive fractional ownership document for a touring caravan;
  • Sensible and practical provisions for shared ownership;
  • Written in plain English;
  • Explanatory notes to guide you.

Contents

  • Summary of agreement;
  • Terms of beneficial interest: how will the caravan be owned?;
  • Relationship of owners;
  • Price and payment for the touring caravan;
  • Management and common fund: finances control;
  • Use of touring caravan: personal and or business use;
  • Accessories;
  • Personal possessions: storage location and use;
  • Undertakings by the owners;
  • Warranties and indemnities;
  • Long stop termination date;
  • Termination and assignment;
  • Confidentiality;
  • Other legal paragraphs;
  • Schedule 1: Details of the touring caravan;
  • Schedule 2: The Timetable: plan of who gets the caravan when;
  • Schedule 3: Operating Costs;
  • Schedule 4: The Inventory.
© 2000 - 2023 Net Lawman Limited.
All rights reserved