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Relationship Agreement for Austria

Relationship Agreement Template for Austria

A Relationship Agreement under Austrian law (governed by the ABGB - Allgemeines bürgerliches Gesetzbuch) is a legally binding document that establishes the terms and conditions governing the relationship between two partners, whether married, planning to marry, or cohabiting. The agreement covers various aspects including property rights, financial arrangements, living conditions, and potential dispute resolution mechanisms. It must comply with Austrian civil law requirements and can be particularly important for protecting assets, establishing clear financial arrangements, and providing certainty in case of relationship breakdown.

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What is a Relationship Agreement?

A Relationship Agreement is a crucial legal document used in Austria to establish clear terms and conditions between partners in a personal relationship. This document is particularly relevant when parties wish to formalize their arrangements regarding property, finances, and other practical aspects of their relationship. The agreement must comply with Austrian civil law, particularly the ABGB (Austrian Civil Code), and can be used by married couples, those planning to marry, or cohabiting partners. The Relationship Agreement typically includes provisions for property division, financial responsibilities, living arrangements, and dispute resolution mechanisms. It's especially important for partners with significant assets, business interests, or complex financial situations, providing legal certainty and protection for both parties.

What sections should be included in a Relationship Agreement?

1. Parties: Identification and details of both parties entering into the agreement

2. Background: Context of the relationship and purpose of the agreement

3. Definitions: Definitions of key terms used throughout the agreement

4. Duration and Commencement: When the agreement takes effect and its duration

5. Living Arrangements: Terms regarding shared residence and housing responsibilities

6. Financial Arrangements: Management of joint and separate finances, including bank accounts and expenses

7. Property Rights: Treatment of existing and future property, including separate and joint property

8. Debts and Liabilities: Handling of existing and future debts, joint liabilities

9. Dispute Resolution: Process for resolving disagreements under the agreement

10. Termination: Circumstances and process for ending the agreement

11. Governing Law: Confirmation of Austrian law application and jurisdiction

12. Entire Agreement: Standard clause confirming this document represents the complete agreement

What sections are optional to include in a Relationship Agreement?

1. Children: Arrangements regarding existing or future children (used when parties have or plan to have children)

2. Business Interests: Protection and management of business assets (used when either party owns a business)

3. Inheritance Rights: Special provisions regarding inheritance (used when parties wish to address inheritance matters)

4. Gifts and Donations: Treatment of significant gifts during the relationship (used when significant gifts are expected)

5. Pets: Arrangements regarding pet ownership and care (used when parties have or plan to have pets)

6. International Assets: Provisions for foreign property or assets (used when parties have international holdings)

7. Future Marriage Provisions: Terms that would apply if the parties marry (used when marriage is contemplated)

8. Intellectual Property: Protection of intellectual property rights (used when either party has significant IP assets)

What schedules should be included in a Relationship Agreement?

1. Schedule 1: Asset Register: Detailed list of each party's assets at the time of agreement

2. Schedule 2: Financial Disclosure: Current financial status of both parties

3. Schedule 3: Shared Property: List and details of jointly owned property

4. Schedule 4: Debt Schedule: List of existing debts and liabilities of both parties

5. Appendix A: Agreed Form Documents: Templates for any required notices or forms under the agreement

6. Appendix B: Property Valuations: Professional valuations of significant assets

7. Appendix C: Financial Obligations: Detailed breakdown of financial responsibilities

Authors

Alex Denne

Head of Growth (Open Source Law) @ Ƶ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Jurisdiction

Austria

Publisher

Ƶ

Document Type

Agreement Contract

Cost

Free to use
Relevant legal definitions








































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