Similarly, if you are doing renovations under a Rosendorff Lawyers Co-Ownership Agreement each co-owner needs to keep records of what they spend.

Co-ownership agreements are not compulsory and people might not want to enter into something as formal as that when they buy. However, you need to be aware of what could be in dispute later on.

It's also possible that a co-owner might dispute an agreement further down the track. Rosendorff Lawyers Co-Ownership Agreements cater for all sorts of dispute by way of mediation/arbitration.