CALGARY CO-BUYING AND SHARED-OWNERSHIP EVIDENCE BOARD CalgaryRealEstateTips.ca working worksheet Last reviewed: July 19, 2026 PURPOSE Exact Calgary property decision stage and next binding date; every legal owner intended beneficial owner borrower co-borrower guarantor contributor occupant spouse partner entity trust nominee and adviser; each relationship instruction conflict and independent-advice status; current Alberta title legal description joint tenancy tenancy in common registered share survivorship severance transfer trust dower and family-property questions; intended ownership economics use income appreciation loss and sale-proceeds shares; deposit down payment gift loan closing cost reserve mortgage-principal operating-cost repair improvement labour and later-capital source amount date evidence and treatment; lender mortgage-insurer borrower guarantor occupancy property appraisal condition joint-and-several liability default future-borrowing refinance and documented-release evidence; signed co-ownership agreement before unconditional commitment; purpose spaces guests partners children pets parking storage work privacy tenants suites short-term rental business use absence and access rules; mortgage property-tax utility condo HOA insurance maintenance emergency repair deductible capital reserve and shortfall allocation; improvement approval quote contractor permit overrun completion record reimbursement debt and equity rule; shared account contribution ledger statements receipts approval log privacy and secure document access; each person's Canadian residency prior-home spouse beneficial-ownership FHSA HBP principal-residence rental-income partnership change-of-use and sale-reporting questions; property liability life disability title-risk and occupancy insurance; wills beneficiaries survivorship mortgage debt life insurance powers of attorney capacity dependants tax surviving-joint-tenant or estate transfer and contribution outcome; marriage adult interdependence separation new spouse family-property and competing-interest review; missed payment breach unauthorized use borrowing damage safety deadlock notice cure protective payment mediation legal escalation and no-self-help rule; buyout trigger notice valuation date comparables appraisal selector mortgage payout contributions credits repairs occupation costs tax payment timing possession and failed-buyout fallback; refinance income credit appraisal mortgage penalty cash-to-close replacement borrower title transfer lawyer closing and documented lender release; voluntary listing preparation access valuation pricing changes offer approval occupancy closing proceeds holdback dispute mediation Alberta Partition and Sale Act legal advice and court evidence; ordinary sale no-deal and affordable one-contributor-loss fallback; task owner source date due date status consequence and private-channel boundary. Use this worksheet to collect property-specific evidence and make the next decision visible. It is an educational planning aid, not legal, tax, lending, appraisal, engineering, inspection, insurance, condo-document, or other professional advice. DECISION CONTEXT Name(s): ________________________________________________ Property / community / search area: _______________________ Property type: ___________________________________________ Budget, price, or value range: _____________________________ Decision to make: _________________________________________ Deadline and reason: ______________________________________ Primary goal: _____________________________________________ What would make me pause or walk away? ____________________ TOPIC EVIDENCE [ ] Exact Calgary property decision stage and next binding date: ________________________________________________ [ ] Every legal owner intended beneficial owner borrower co-borrower guarantor contributor occupant spouse partner entity trust nominee and adviser: ________________________________________________ [ ] Each relationship instruction conflict and independent-advice status: ________________________________________________ [ ] Current Alberta title legal description joint tenancy tenancy in common registered share survivorship severance transfer trust dower and family-property questions: ________________________________________________ [ ] Intended ownership economics use income appreciation loss and sale-proceeds shares: ________________________________________________ [ ] Deposit down payment gift loan closing cost reserve mortgage-principal operating-cost repair improvement labour and later-capital source amount date evidence and treatment: ________________________________________________ [ ] Lender mortgage-insurer borrower guarantor occupancy property appraisal condition joint-and-several liability default future-borrowing refinance and documented-release evidence: ________________________________________________ [ ] Signed co-ownership agreement before unconditional commitment: ________________________________________________ [ ] Purpose spaces guests partners children pets parking storage work privacy tenants suites short-term rental business use absence and access rules: ________________________________________________ [ ] Mortgage property-tax utility condo HOA insurance maintenance emergency repair deductible capital reserve and shortfall allocation: ________________________________________________ [ ] Improvement approval quote contractor permit overrun completion record reimbursement debt and equity rule: ________________________________________________ [ ] Shared account contribution ledger statements receipts approval log privacy and secure document access: ________________________________________________ [ ] Each person's Canadian residency prior-home spouse beneficial-ownership FHSA HBP principal-residence rental-income partnership change-of-use and sale-reporting questions: ________________________________________________ [ ] Property liability life disability title-risk and occupancy insurance: ________________________________________________ [ ] Wills beneficiaries survivorship mortgage debt life insurance powers of attorney capacity dependants tax surviving-joint-tenant or estate transfer and contribution outcome: ________________________________________________ [ ] Marriage adult interdependence separation new spouse family-property and competing-interest review: ________________________________________________ [ ] Missed payment breach unauthorized use borrowing damage safety deadlock notice cure protective payment mediation legal escalation and no-self-help rule: ________________________________________________ [ ] Buyout trigger notice valuation date comparables appraisal selector mortgage payout contributions credits repairs occupation costs tax payment timing possession and failed-buyout fallback: ________________________________________________ [ ] Refinance income credit appraisal mortgage penalty cash-to-close replacement borrower title transfer lawyer closing and documented lender release: ________________________________________________ [ ] Voluntary listing preparation access valuation pricing changes offer approval occupancy closing proceeds holdback dispute mediation Alberta Partition and Sale Act legal advice and court evidence: ________________________________________________ [ ] Ordinary sale no-deal and affordable one-contributor-loss fallback: ________________________________________________ [ ] Task owner source date due date status consequence and private-channel boundary: ________________________________________________ CALGARY VERIFICATION CONTROL [ ] Property address, community, property type, and decision deadline are recorded. [ ] Budget, price or value range, monthly comfort, and cash reserve are separated. [ ] Current source dates and geography are written beside every market or rule-based claim. [ ] Relevant active alternatives and recent comparable transactions are identified. [ ] Financing, appraisal, insurance, legal, tax, inspection, condo, permit, or specialist questions have an assigned owner. [ ] Documents are saved in one folder with missing items and follow-up dates visible. [ ] The most expensive plausible downside has a cost range and funding plan. [ ] A credible backup property, community, timing, or transaction path is named. [ ] The walk-away or pause rule is written before urgency increases. [ ] The next review date and the evidence that would change the decision are recorded. EVIDENCE LOG Use one row per important fact. Record the source itself, not only who mentioned it. 1. Fact / assumption: ______________________________________ Source / document / professional: ________________________ Date and geography: ______________________________________ Status (known / assumed / missing): _______________________ Owner and follow-up date: _________________________________ 2. Fact / assumption: ______________________________________ Source / document / professional: ________________________ Date and geography: ______________________________________ Status (known / assumed / missing): _______________________ Owner and follow-up date: _________________________________ 3. Fact / assumption: ______________________________________ Source / document / professional: ________________________ Date and geography: ______________________________________ Status (known / assumed / missing): _______________________ Owner and follow-up date: _________________________________ RED / AMBER / GREEN DECISION BOARD GREEN - current, property-specific, understood evidence: ____________________________________________________________ AMBER - plausible but waiting on evidence or professional review: ____________________________________________________________ RED - material downside with no acceptable control or fallback: ____________________________________________________________ OPTIONS AND TRADEOFFS Preferred path: ____________________________________________ Best credible alternative: _________________________________ What the preferred path improves: __________________________ What it costs or makes harder: ______________________________ Worst plausible outcome and estimated cost: ________________ How that downside would be reduced or funded: ______________ NEXT-STEP BRIEF Current best decision: _____________________________________ Why the evidence supports it: _______________________________ Three unresolved questions: 1. _________________________________________________________ 2. _________________________________________________________ 3. _________________________________________________________ Next action: _______________________________________________ Owner: __________________________ Due: _____________________ Review trigger: ____________________________________________ Next review date: __________________________________________ PROPERTY-SPECIFIC HELP When requesting help, include the property or community, property type, budget or value range, timeline, documents available, condition deadline, and the exact decision. A useful response should produce a shortlist, risk list, valuation path, document-review path, or assigned next-step plan rather than a generic sales reply.