Co-owning your home — a one-pager
Someone would love to live in your property long-term and co-own it with you, instead of you renting it out or selling. Here's how it works for you.
The idea, in their words
“I’d love to live here long-term. Rather than me renting (or you selling), we could co-own it through Passive Partnerships. I buy a share for cash and live here as the resident; you keep the rest as a passive investment — an occupancy fee as income, and a share whose value tracks the regional property index, with none of the landlord work. A Manager runs the agreement, the payments and the paperwork for both of us. Want to look at the numbers together?”
What you get
- Income from the occupancy fee paid to you on your share — at an agreed rate fixed for the term, typically below market rent.
- Your share’s value tracks the regional property index, so it can rise or fall.
- No landlord work — no tenants to manage, no maintenance calls.
- You keep your stake in the property instead of selling out.
What Passive Partnerships handles
- The co-ownership agreement and the legal structure.
- A Manager who works for both owners: payments, monthly statements and the register.
- The quarterly valuation maths — who owns what, kept fair and transparent.
- Verifying both sides before anything is binding.
Their cash buy-in: at least 20%
The person co-owning with you buys in for cash — no mortgage, no bank loan on their share. On a $700k home that’s about $140k to start, and they can top up their share over time after that.
The steps
- Talk it throughThe person who’d like to co-own your home shares the idea and the numbers with you. There’s no obligation, and nothing happens until you both say yes.
- They register with Passive PartnershipsThey create an account and tell us about the property and you, so the Manager can pick it up.
- The Manager verifies both sidesThe Manager checks the people, the property and the numbers, and walks you both through the agreement. Nothing is binding until everyone has agreed.
- Sign the agreementOnce you’re both happy, you sign the co-ownership agreement. They buy their share for cash, it’s recorded in the register, and you keep the rest as a passive investor.