The Tenants In Common Deed is essential in South African property law when two or more parties wish to own shares in a property while maintaining their individual ownership rights. This document type is commonly used in both residential and commercial property arrangements where co-owners want to hold different proportions of ownership or plan to transfer their shares independently. The deed must comply with the South African Deeds Registries Act and related property legislation, providing detailed specifications of ownership shares, management responsibilities, and financial obligations. It's particularly valuable in family property arrangements, business partnerships, or investment scenarios where clear delineation of property rights and responsibilities is crucial.
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
Your data doesn't train Genie's AI
You keep IP ownership of your docs
1. Parties: Details of all co-owners including full legal names, identification numbers, and current addresses
2. Background: Context of the co-ownership arrangement and brief description of the property
3. Definitions: Definitions of key terms used throughout the deed
4. Property Description: Detailed legal description of the property including erf number, title deed number, and physical address
5. Ownership Shares: Clear specification of each co-owner's percentage share in the property
6. Rights and Obligations: General rights and obligations of all co-owners including usage rights and maintenance responsibilities
7. Financial Contributions: Agreement on how costs related to the property will be shared among co-owners
8. Property Management: Procedures for making decisions about property management and maintenance
9. Transfer and Alienation: Provisions regarding the sale or transfer of ownership shares
10. Dispute Resolution: Procedures for resolving disputes between co-owners
11. Governing Law: Confirmation that the deed is governed by South African law
12. Signatures: Execution clause and space for all parties' signatures and witness details
1. Occupation Schedule: Used when co-owners agree to specific arrangements about physical occupation of the property
2. Rental Income: Include when the property will be rented out and income needs to be distributed
3. Property Development: Required when co-owners plan to develop or make significant improvements to the property
4. Death of Co-owner: Special provisions for handling a co-owner's death and succession of their share
5. Mortgage Provisions: Include when the property is or will be subject to a mortgage
6. Right of First Refusal: Optional clause giving co-owners first right to purchase if one owner wishes to sell
7. Property Insurance: Specific arrangements for insurance when more detailed than standard obligations
1. Schedule A - Property Details: Detailed property description including boundaries, certificates, and zoning information
2. Schedule B - Financial Contributions: Detailed breakdown of initial contributions and ongoing financial obligations
3. Schedule C - Maintenance Schedule: Detailed maintenance responsibilities and cost-sharing arrangements
4. Appendix 1 - Property Plans: Official property plans and diagrams
5. Appendix 2 - Title Deed: Copy of the property's title deed
6. Appendix 3 - Valuation Report: Independent valuation report used to determine ownership shares
7. Appendix 4 - Proof of Payments: Records of initial contributions made by each co-owner
Find the exact document you need
Trust Deed (Real Estate)
A South African legal document establishing a trust for holding and managing real estate assets, governed by the Trust Property Control Act and property legislation.
Download
Beneficiary Deed
A South African legal document that establishes and confirms a beneficiary's rights and obligations in relation to a trust or estate.
Download
House Trust Deed
A South African legal document establishing a trust for residential property management, defining trustee powers and beneficiary rights under local trust law.
Download
Declaration Of Trust Property
A South African legal document establishing a trust and detailing the transfer of assets to trustees for beneficiary management, governed by the Trust Property Control Act.
Download
Deed Of Sale Of Portion Of Land
A South African legal document facilitating the sale and transfer of a specified portion of land, incorporating necessary subdivision requirements and transfer conditions.
Download
Sale Deed Of Immovable Property
A legal document under South African law that records and effectuates the transfer of ownership of immovable property from seller to purchaser, complying with local property law requirements.
Download
Property Trust Deed
A South African legal document establishing a trust for property assets, defining trustee powers, beneficiary rights, and property management requirements under local trust law.
Download
Tenants In Common Deed
A South African legal document establishing property co-ownership rights and responsibilities under a tenants in common arrangement.
Download
Living Estate Deed
A South African legal document establishing a living trust for asset management and protection, defining trustee powers and beneficiary rights under local trust law.
Download
Joint Tenancy Deed
A South African legal document establishing co-ownership rights and responsibilities between joint tenants of a property.
Download
Deed Of Gift Money
A South African legal document that formalizes and evidences the irrevocable transfer of money from a donor to a recipient, complying with local donation and tax laws.
Download
Deed Of Gift For Land
A South African legal document used to transfer land ownership as a gift, complying with the Deeds Registries Act and requiring formal registration.
Download
Grant Deed
A South African legal document that transfers property ownership from a grantor to a grantee, requiring registration at the Deeds Office under South African property law.
Download
Deed Of Sale
A South African legal document that formalizes the sale and transfer of immovable property between parties, governed by South African property law.
Download
Declaration Of Trust Tenants In Common
A South African legal document establishing shared property ownership through a trust arrangement, defining individual ownership shares and management responsibilities under SA trust law.
Download
Sale Deed
A legally binding document under South African law that records and effectuates the transfer of immovable property ownership from seller to purchaser.
Download
Deed Of Sale For Lot
A South African legal document facilitating the sale and transfer of a plot of land between seller and purchaser, compliant with local property law.
Download
Deed Of Gift Property
A South African legal document facilitating the transfer of immovable property as a gift from a donor to a donee, compliant with the Deeds Registries Act.
Download
ұԾ’s Security Promise
Genie is the safest place to draft. Here’s how we prioritise your privacy and security.
Your documents are private:
We do not train on your data; ұԾ’s AI improves independently
All data stored on Genie is private to your organisation
Your documents are protected:
Your documents are protected by ultra-secure 256-bit encryption
We are ISO27001 certified, so your data is secure
Organizational security:
You retain IP ownership of your documents and their information
You have full control over your data and who gets to see it
.png)