What is Collaborative Ownership?

Frequently Asked Questions

Collaborative ownership simple refers to multiple people sharing ownership over a single piece of land.  This is not a new phenomenon, as couples, families and even strangers have been co-owning land for centuries.  In recent centuries, legal stratification was created to allow co-owners to more simply share ownership of a building and has become central to land ownership as it has allowed people to own parcels of a property and lowered the entry barrier to home ownership. Unfortunately, stratification is not permissible on all properties and as such collaborative non-strata is making a comeback.

What are the advantages of collaborative ownership

The potential advantages of collaborative ownership are many, and are specific to each individuals situation.  Examples of advantages include: The ability to own a detached home with yard at a price point equivalent to a townhouse or large condo or in a neighbourhood you otherwise could not afford; The ability to own a small detached home (under 1000 sq ft), a product that basically doesn't exist in the traditional market; The ability to create community, save money and reduce consumption, through shared space and resources; The ability to choose your neighbours and building co-owners (anyone who has served on a strata board knows what a big advantage this can be).

Can you get financing?

Yes, mortgage financing is possible on collaboratively owned projects.  Two models exist for this financing. Traditionally every co-owner is listed on a shared mortgage by all parties.  More recently, institutions such as Vancity have been creating specialty products which allow each partner to carry their own individual portion of the overall mortgage. 

Can I sell my portion without my partner?

Yes, and that's where CoHo can help.  We create a community of people interested in co-ownership who might be interested in your share of your property.  You list your share with CoHo and your partner meets with any interested buyers to ensure a new good partnership for everyone involved.


One of the best ways to maximize the collaborative advantages of co-ownership would be to build to suit your specific partnership needs.  By building new, partners can design a home specifically to how they want to share the home, ensuring all parties get a home they will be happy with long term.  Additionally by designing with co-ownership in mind, owners can maximize shared space and resources, while ensuring privacy and separation as well.