Since the possibility of disputes is always present your agreement must include a place to cover how any disputes will be handled. This way everyone has already agreed to how these disputes are to be taken care of and cannot argue the point and cause further problems for the rest of the members of the venture. This may end up being the most important area of your agreement and should be filled out very carefully to avoid any possibility of a legal challenge.
Investing your finances in short term things is one of the concepts you have to think through. It's another thing to set it for bigger ventures like properties. When putting money in purchasing properties for lease in the future, you should acquire a tenancy agreement template to model your contract from. The tenancy agreement is a signed contract between the landlord and the tenant. Accelerated possession procedures require a rightly drawn agreement. For claims on housing benefit, the tenancy agreement is essential to the tenant as it will be proof of their tenancy so the contract is beneficial not only to the landlord but for both parties.