Having said this, if your children are going to be co-owners of the family cottage, it’s critical that a cottage agreement be prepared – with their involvement. The issuesToday, I want to focus on two key areas: Sharing use of the cottage and property maintenance. These ideas I’m going to look at are commonly built into a cottage agreement, although you can customize this for your own family, of course. It’s important that the cottage agreement details the approach to splitting up time at the retreat. Maintaining the cottageMake sure your cottage agreement includes principles related to maintenance of the cottage.

Source: CBC News June 17, 2022 10:00 UTC