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Co Habitation Agreement
"I need a Co Habitation Agreement for a couple where one partner owns multiple properties in Hong Kong and runs a successful business, while the other partner will be moving in from overseas in March 2025; the agreement should particularly focus on protecting existing assets while establishing fair terms for shared living expenses."
1. Parties: Identification and details of the cohabiting partners entering into the agreement
2. Background: Context of the relationship and purpose of entering into the agreement
3. Definitions: Definitions of key terms used throughout the agreement
4. Duration and Commencement: When the agreement takes effect and how long it will last
5. Living Arrangements: Details of shared residence and living arrangements
6. Financial Arrangements: How routine expenses, bills, and living costs will be shared
7. Property Rights: Ownership and rights regarding shared and individual property
8. Bank Accounts: Management of joint and individual bank accounts
9. Debts and Liabilities: Handling of existing and future debts and financial responsibilities
10. Dispute Resolution: Process for resolving disagreements between the parties
11. Termination: Circumstances and process for ending the agreement
12. Governing Law: Confirmation that Hong Kong law governs the agreement
13. General Provisions: Standard contractual provisions including severability, entire agreement, and amendments
1. Children: Include when there are children involved - covering care arrangements, financial responsibility, and decision-making
2. Pets: Include when there are shared pets - covering ownership, care responsibilities, and costs
3. Business Interests: Include when parties have shared business interests or work together
4. Healthcare Decisions: Include when parties want to address medical decision-making rights
5. Inheritance Provisions: Include when parties want to specify inheritance rights beyond statutory provisions
6. Insurance: Include when addressing shared insurance policies or beneficiary designations
7. Intellectual Property: Include when either party has significant IP assets or shared creative works
8. Religious or Cultural Observances: Include when specific religious or cultural practices need to be addressed
1. Schedule 1 - Property Inventory: Detailed list of shared and individual property owned by each party at the time of agreement
2. Schedule 2 - Financial Statement: Current financial position of each party including assets and liabilities
3. Schedule 3 - Household Expenses: Breakdown of shared household expenses and payment responsibilities
4. Schedule 4 - Contact Information: Important contact details including emergency contacts and professional advisors
5. Appendix A - Proof of Assets: Supporting documentation for major assets mentioned in the agreement
6. Appendix B - Property Documents: Copies of relevant property documentation including leases or ownership certificates
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Real Estate
Wealth Management
Client Services
Document Processing
Private Client
Property Management
Compliance
Advisory Services
Lawyer
Legal Counsel
Family Law Specialist
Paralegal
Real Estate Agent
Financial Advisor
Wealth Manager
Property Manager
Social Worker
Family Counselor
Legal Document Specialist
Estate Planner
Insurance Advisor
Relationship Counselor
Legal Administrator
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