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Alternatively the trustees of several family trusts might join each other or individuals in co-ownership. Example An example co-ownership of a holiday home might be John and Sally as a couple jointly between themselves own 1/3 of the property Bill and Susan through the trustee of their family trust B S Pty Ltd hold a 1/3 share Harold owns 1/3 in his own name The parties agree that each of them will contribute equally to 60 of the purchase price and costs and to borrow the remaining 40 from a...
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