Common Law Partnership Agreement

Common Law Partnership Agreement Template for Denmark

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Document background

The Common Law Partnership Agreement is essential for unmarried couples living together in Denmark who wish to establish clear legal framework for their relationship. This document becomes particularly crucial because Danish law doesn't provide the same automatic legal protections to unmarried couples as it does to married ones. The agreement typically covers property rights, financial arrangements, living conditions, and potential separation scenarios. It's particularly relevant when partners have shared assets, joint financial responsibilities, or plan to acquire property together. The document should be drafted in compliance with Danish contract law and other relevant legislation, including the Danish Contracts Act (Aftaleloven) and Property Law (Tinglysningsloven). It's recommended to create this agreement at the beginning of cohabitation or when significant assets are acquired, and it should be reviewed periodically to ensure it remains current with the partners' circumstances and any legal changes.

Suggested Sections

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

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

3. Definitions: Key terms used throughout the agreement

4. Declaration of Partnership: Formal statement establishing the partnership and its commencement date

5. Property Rights: Definition and division of separate and joint property

6. Financial Arrangements: Management of shared finances, expenses, and contributions

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

8. Mutual Obligations: Partners' responsibilities and commitments to each other

9. Decision Making: Process for making important joint decisions

10. Separation and Termination: Procedures and terms for ending the partnership

11. Dispute Resolution: Methods for resolving disagreements

12. Governing Law: Confirmation of Danish law application and jurisdiction

13. Signatures: Execution section with date and signatures

Optional Sections

1. Children: Arrangements regarding existing or future children, used when partners have or plan to have children

2. Business Interests: Treatment of business assets and income, included when either partner owns a business

3. Inheritance Provisions: Special arrangements for inheritance rights, important due to lack of automatic rights for unmarried partners

4. Power of Attorney: Mutual powers of attorney for specific circumstances, included when partners want to grant each other decision-making authority

5. Insurance Arrangements: Provisions regarding life, health, or property insurance, included when partners want to formalize insurance obligations

6. Pets: Arrangements regarding pet ownership and care, included when partners have shared pets

7. Intellectual Property: Treatment of intellectual property rights, included when either partner has significant IP assets

8. Social Media and Privacy: Guidelines for sharing personal information and social media presence, included for partners wanting privacy protection

Suggested Schedules

1. Schedule A - Asset Register: Detailed inventory of each partner's separate property and joint assets at agreement date

2. Schedule B - Financial Disclosure: Current financial status of each partner including assets, liabilities, and income

3. Schedule C - Household Budget: Agreed allocation of household expenses and financial responsibilities

4. Schedule D - Property Documents: Copies of property titles, mortgages, and related documents

5. Schedule E - Life Insurance Policies: Details of life insurance policies and beneficiary designations

6. Appendix 1 - Shared Property Inventory: List and values of jointly owned items

7. Appendix 2 - Debt Schedule: List of individual and joint debts and payment responsibilities

8. Appendix 3 - Contact Information: Important contact details including legal representatives and next of kin

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Common Law Partnership Agreement Template for Denmark

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