The Equity Share Agreement is a legal document designed for two parties, Alpha and Beta, to jointly invest in a residential property. This agreement outlines key terms such as the purchase price, down payment, financing details, and the responsibilities of both parties regarding maintenance and utilities. The document establishes an equity-sharing venture, defining each party's financial contributions and how proceeds from a potential sale will be distributed. Additionally, it includes provisions for addressing issues such as death, loan agreements between parties, and an arbitration clause for dispute resolution. This form is particularly useful for attorneys, partners, owners, associates, paralegals, and legal assistants who facilitate real estate transactions, ensuring clarity on equity shares and voting rights in investment ventures in Queens. Completing this form allows parties to formalize their agreement, protecting their investments and outlining rights and obligations clearly.