Question 1

Do I need a Property Sharing Agreement if we're already family or best friends?

Accepted Answer

Especially then. Most disputes between co-owners happen "because" of the relationship, not despite it. When you trust someone, nobody wants to have an awkward conversation about money.

A written agreement means you don’t have to have that conversation later, when something has already gone wrong. You’ve had it now, on paper, while everyone is getting along.

Question 2

We're not married or in a relationship — does this still apply to us?

Accepted Answer

Yes. A Property Sharing Agreement is designed for exactly this: friends, siblings, flatmates, business partners, or family members buying together outside of a marriage or de facto relationship.

It covers your situation regardless of how you're related to your co-owner.

Question 3

What happens if one of us wants to sell and the other doesn't?

Accepted Answer

This is one of the most common and most stressful situations for co-owners, and it's exactly what your agreement is built to pre-empt.

It sets out the process everyone agrees to follow in advance, so there's a clear path forward instead of a standoff.

Question 4

What if someone stops paying their share?

Accepted Answer

Your agreement records what happens if a co-owner falls behind on mortgage payments, rates, or other costs so you're not left guessing (or footing the bill) if circumstances change.

Question 5

Do we still need a lawyer if we use Agreeable?

Accepted Answer

Agreeable makes the drafting process fast, affordable, and straightforward. We always recommend obtaining independent legal advice on your completed agreement.

We can help you arrange a fixed-price quote through our Operations team, so this step is simple and won't blow your budget.

Question 6

How long does it take?

Accepted Answer

Most people complete the online questionnaire in under 20 minutes. Your draft agreement is ready to download as soon as you finish.

Question 7

How much does it cost?

Accepted Answer

Full access to the online builder is $395, a fraction of the cost of having a lawyer draft an agreement from scratch.

You can also bundle a Will or Relationship Property Agreement and save. Full details are shown at checkout.

Question 8

Is this legally binding?

Accepted Answer

Your Property Sharing Agreement is a legal document, and courts do give weight to written agreements between co-owners.

To make sure it holds up and reflects your specific situation, we recommend independent legal advice before you sign.

Question 9

We're about to buy our home, is now the right time to do this?

Accepted Answer

Yes, absolutely. It’s recommended to have your Agreement in place before settlement. Drafting your Property Sharing Agreement before you own the property together means everyone starts on the same page, rather than trying to put an agreement in place once things are already underway.

Property Sharing Agreement

How it works

1. Purchase your agreement online

2. Complete the questionnaire & build your agreement

3. Download

Frequently asked questions