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The agreement describes the mineral licences’ location, establishes a 10 km area of influence under which newly staked claims become part of the agreement, and includes optional provisions on responsibilities for pursuing potential options. It emphasizes that agreements must be registered with the Mineral Claims Recorders office to have legal effect.",{"@graph":63,"@context":118},[64,80,101],{"@type":65,"itemListElement":66},"BreadcrumbList",[67,71,74,77],{"item":68,"name":69,"@type":70,"position":9},"https://docshare.wps.com","Home","ListItem",{"item":72,"name":10,"@type":70,"position":73},"https://docshare.wps.com/template/",2,{"item":75,"name":41,"@type":70,"position":76},"https://docshare.wps.com/template/letters/",3,{"item":78,"name":59,"@type":70,"position":79},"https://docshare.wps.com/template/property-ownership-agreement-section-6-sample-legal-template/282977/",4,{"url":78,"name":59,"@type":81,"image":82,"author":87,"headline":59,"publisher":90,"fileFormat":93,"inLanguage":57,"description":61,"dateModified":94,"datePublished":95,"encodingFormat":93,"isAccessibleForFree":96,"interactionStatistic":97},"DigitalDocument",{"url":83,"@type":84,"width":85,"height":86},"https://docshare.wps.com/thumbnails/property-ownership-agreement-section-6-sample-legal-template/282977.png","ImageObject",442,249,{"name":88,"@type":89},"River Wang","Person",{"url":68,"name":91,"@type":92},"DocShare","Organization","application/pdf","2026-10-16","2026-09-16",true,{"@type":98,"interactionType":99,"userInteractionCount":9},"InteractionCounter",{"@type":100},"ViewAction",{"@type":102,"mainEntity":103},"FAQPage",[104,110,114],{"name":105,"@type":106,"acceptedAnswer":107},"What mineral licences does the agreement cover?","Question",{"text":108,"@type":109},"The agreement concerns Mineral Licence(s) 00000M, 00001M, and 00002M located at Red Indian Lake, Central Newfoundland, NTS 12A/16.","Answer",{"name":111,"@type":106,"acceptedAnswer":112},"How are ownership percentages allocated among the parties?",{"text":113,"@type":109},"John Doe holds 50%, John Smith holds 25%, and Bill Doe holds 25% as joint property owners.",{"name":115,"@type":106,"acceptedAnswer":116},"What is required for the agreement to have legal effect?",{"text":117,"@type":109},"Under Section 6 of the Mineral Act, such agreements must be registered with the Mineral Claims Recorders office (at no charge); otherwise the agreement has no effect in law.","https://schema.org",{"og:url":78,"og:type":120,"og:title":59,"og:site_name":91,"og:description":61},"article",{"robots":122,"canonical":78},"index,follow",{"doc_id":124,"site_id":56},282977,1792166357,{"code":4,"msg":5,"data":127},{"doc_id":124,"user_id":128,"nickname":88,"user_avatar":129,"doc_module":9,"category_id":40,"category_name":41,"doc_title":59,"doc_description":61,"doc_content":130,"file_id":131,"file_url":132,"file_type":133,"file_size":134,"view_count":9,"is_deleted":4,"is_public":9,"is_downloadable":9,"audit_status":9,"page_count":9,"language":135,"language_code":57,"site_id":56,"html_lang":57,"table_of_contents":136,"faqs":137,"seo_title":138,"seo_description":61,"update_tm":139,"read_time":4},1099514067438,"https://ap-avatar.wpscdn.com/avatar/100002539ee87300030?x-image-process=image/resize,m_fixed,w_180,h_180&k=1780474512215547542","Please Note: An Ownership Agreement is a legal document. This sample is intended for background information only. It is always advisable to obtain professional legal advice before signing any such agreement.  \nThis Property Ownership Agreement is meant to be a sample and guide only. Please adapt this document to meet your particular property ownership needs. Note that, as per Section 6 of the Mineral Act, all such agreements must be registered (at no charge) with the Mineral Claims Recorders office; otherwise it has no effect in law.  \n“SAMPLE”  \nProperty Ownership Agreement  \nThis Agreement made as of  June 1,  2018  \nBETWEEN JOHN DOE of the Province of Newfoundland, located at  \n1 Somewhere Street, St. John’s, NL A0A 0A0  \nAND  \nJOHN SMITH of the Province of Newfoundland, located at  \n2 Anywhere Street, Corner Brook, NL B0B 0B0  \nAND BILL DOE of the Province of Newfoundland, located at  \n3 Nowhere Street, Gander, NL C0C 0C0  \nDescription of the Agreement  \n1) This Agreement concerns Mineral Licence(s) 00000M, 00001M and 00002M located at Red Indian Lake, Central Newfoundland, NTS 12A/16 .  \n2) The parties herein agree that the property will be held jointly with the following ownership percentages: John Doe  50% , John Smith  25%  and Bill Doe  25% .  \n3) The parties also agree to a  10 km  area of influence. If one or any of the parties herein named in this agreement stake claims within this area of influence, the claims will become part of this agreement.(Optional)  \n4) The parties further agree that John Doe will be solely responsible for attracting and dealing with potential options. (Optional)  \nAccepted:  \nSigned:  Witness: Date:   \n(John Doe) (Notary Public)*  \nSigned:  Witness: Date:   \n(John Smith) (Notary Public)*  \nSigned: Witness: Date:  \n______________________ ______________  \n(Bill Doe) (Notary Public)*  \n* Witness may also be a Commissioner of Oaths or Justice of Peace, Solicitor","cbCaicruJGj6YeHE","https://ap.wps.com/l/cbCaicruJGj6YeHE","pdf",212080,"English","# Description of the Agreement\n## Mineral licences and location\n## Joint ownership percentages\n## Area of influence (10 km)\n## Optional responsibilities for parties\n## Acceptance, signatures and witnesses","[{\"question\":\"What mineral licences does the agreement cover?\",\"answer\":\"The agreement concerns Mineral Licence(s) 00000M, 00001M, and 00002M located at Red Indian Lake, Central Newfoundland, NTS 12A/16.\"},{\"question\":\"How are ownership percentages allocated among the parties?\",\"answer\":\"John Doe holds 50%, John Smith holds 25%, and Bill Doe holds 25% as joint property owners.\"},{\"question\":\"What is required for the agreement to have legal effect?\",\"answer\":\"Under Section 6 of the Mineral Act, such agreements must be registered with the Mineral Claims Recorders office (at no charge); otherwise the agreement has no effect in law.\"}]","Property Ownership Agreement - Section 6 - Sample legal template | PDF",1789586505]