yours2share strongly recommends that any sharing agreement is recorded in writing and that all sharers take professional independent legal advice before signing any sharing agreement. This is standard practice for purchase of real property and is also essential for the purchase of other high value assets.

There are three fundamental mechanisms for sharing all assets:

• Joint ownership by all parties (co-ownership, shared ownership, partial ownership or fractional ownership)
• One party owns and the other(s) pay for use or occupation through a licence, lease or hire agreement
• Shared use, where no money changes hands, as both sides benefit in other ways.

January 2009

yours2share, the innovative website helping people to share assets now has over 2000 members and is going strong within these economically turbulent times.

June 2008

Have you ever wondered what it would be like to own the yacht, villa or classic car you have always wanted but without having to fork out the entire cost?

Many people dream about owning a boat on the South coast, having a sports car convertible, owning a holiday home in the Mediterranean or a beach hut in sleepy Norfolk, but for many these luxury assets are just a pipe dream.

February 2008

As people seek ways of working smarter, redressing their work-life balance, reducing travel time, or making time to sail, fly or travel, they often have to overcome hurdles to achieve their life choices. One common hurdle is cost, and sharing can be a great way of reducing costs, particularly with assets that would not be used all of the time.

Adrienne Campbell started the Baked Bean club in September 2006 with four friends in Lewes, East Sussex, as an informal car club. The club started because they all needed a car at the same time. The car is a little Daewoo Matiz (called the Baked Bean, for obvious reasons) that was owned by one of the group.

Reproduced with kind permission of City Car Club, 0845 330 1234,

Setting up and running an informal Car Club isn't that complicated and shouldn't involve much more work than goes into being an individual car owner. After all, informal Car Clubs already exist within many families that have several drivers who share the use of one or more cars. The only difference is that money may not change hands.

I've been reading about "auction culture" recently and it seems particularly relevant to sharing.

Auction culture is one aspect of e-bay's impact on buying decisions. People are increasingly aware that some luxury items can be sold after a year or so for a high percentage of the original price. So when they want a new version, or if they decide they don't need the item after all, they know they can recover much of the original cost. This can make the item better value than something that actually costs much less. So buying a Louis Vuitton handbag can be more cost effective than is immediately apparent to many people (and all men). Or, as explained in Futureshop by Daniel Nissanoff , how a $750 stroller (£350 pushchair to us Brits) can be the cheapest child transport option

Welcome to yours2share, the service enabling you to find like-minded people with whom to share valuable assets.

This is a legal document which sets out the Terms and Conditions of the yours2share service. It applies to all Members and other Users of the yours2share website