, February 18, 2005 8:03 PM
To: kr...@mylist.net
Subject: KR> Agreement for Co-Ownership - Dispute Resolution???
I have had a paralegal look at our agreement for Co-Ownership and she
discussed it with an attorney. The main problem they saw with it, is that
there is no provision for dispute resolut
I don't know if it will do any good, but I am in a
partnership of a Beechcraft Sundowner with 3 other
guys. Our documents were basically made up by the
group with no real leagl assistance. if you want to
see the items we agreed upon, I wouldn't mind sharing
a copy. However, one of the reasons
I have had a paralegal look at our agreement for Co-Ownership and she
discussed it with an attorney. The main problem they saw with it, is that
there is no provision for dispute resolution. Since there are only 2 of us,
majority vote won't work.
Any ideas? I intend to share this document with
Dan- I'm pretty sure that in any dispute that the lawyer gets the plane
Joe ;-)
> discussed it with an attorney. The main problem they saw with it,
> is that
> there is no provision for dispute resolution. Since there are only
> 2 of us,
> majority vote won't work.
>
> Any ideas? I intend to
I would like to read a copy of your co ownwership docs, am starting a flying
club to fly more types at better costs. We are 2 now, but others want in. It
is informal at present, but will need a more concrete model. Good luck with
your co ownership.
Bob Polgreen
1970 AA1 Yankee
Buy/sell arrangements are common. One unhappy camper proposes a price,
and the second party chooses to buy or sell. It's a simple process.
Ron Freiberger
mail to rfreiberger at swfla.rr.com <- substitute an @ sign ;o)
You don't want to own an airplane with anyone but a good friend and you
don't need a lawyer to screw things up. I have owned and airplane with a
friend that I rebuilt the airplane with, NO PROBLEMS. He sold is half to
another person and still no problems. this guy sold his half back to me
as he
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