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Co-ownership

Five co-owners, one boat, zero arguments.

Shares, bookings, expense splits, audit trail. KLABBY treats all members as equals. No privileged admin, no dependency on the "guy with the spreadsheet".

KLABBY co-ownership management

What it does

Equal members

Up to 5 co-owners with identical rights. Every important decision tracked, every move visible.

Percentage shares

Each has their own ownership share. Fixed expenses (insurance, mooring) split by share; variable by actual usage days.

FIFO bookings

"First-come, first-served" with 48-hour buffer between trips. No conflicts, no "but I asked first".

Audit trail

Every transaction, every booking, every decision is logged and immutable. Total transparency.

In practice: August 15th, 4 co-owners, 1 boat

Mark books August 10-14. Anna sees it's taken and books August 16-20. Fuel expenses for each are split by usage days, not by fixed share. Everything tracked, everything visible.

  1. 1 Mark opens the calendar and locks his dates
  2. 2 Anna sees taken dates, picks hers respecting the 48h buffer
  3. 3 After the trip, variable expenses attributed by days
  4. 4 Monthly statement auto-generated

Integrates with

  • Logbook (usage days for splitting)
  • Budget (fixed and variable expenses split correctly)
  • Documents (shared visibility across members)
  • Maintenance (group decision on jobs to approve)

Frequently asked

Can I join an existing group mid-season?

Yes. New share is calculated pro-rata; past expenses stay attributed to previous members.

How do you decide on big purchases?

Digital voting (V2.0). For now, audit trail logs every approved transaction; decisions happen outside the app.

Ready to see how it works?

Try KLABBY free for 30 days. No card, no strings.