A Land Co-Ownership Agreement is an official agreement between two or more parties to share ownership of a parcel of land. The aim of the agreement is to provide a clear and binding set of rules and regulations which govern the management, use and disposal of the land in question. This means that each co-owner will have a legally enforceable right to use the land in accordance with the terms of the agreement. It’s important to remember that all co-owners must abide by the same agreement, giving certainty that all interest holders can work productively together. When done right, a Land Co-Ownership Agreement creates an environment of trust and legitimacy, helping to ensure successful partnerships for years to come.