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Legal Agreement For Unmarried Couples
"I need a Legal Agreement for Unmarried Couples that protects my pre-existing business assets and intellectual property rights, while establishing clear terms for our shared household expenses and joint property acquisitions planned for March 2025."
1. Parties: Identification and details of both partners entering into the agreement
2. Background: Context of the relationship and purpose of entering into the agreement
3. Definitions: Clear definitions of key terms used throughout the agreement
4. Nature of Relationship: Clear statement of the relationship status and mutual understanding
5. Commencement and Duration: Start date of the agreement and terms for continuation or termination
6. Living Arrangements: Details of shared residence and household responsibilities
7. Financial Arrangements: Financial responsibilities, sharing of expenses, and joint accounts
8. Property Rights: Ownership and division of property acquired before and during the relationship
9. Personal Property: Treatment of personal belongings and assets
10. Mutual Obligations: Rights and responsibilities of each partner
11. Dispute Resolution: Process for resolving disagreements and conflicts
12. Termination: Conditions and process for ending the agreement
13. Governing Law: Specification of Indian law as governing law and jurisdiction
14. Severability: Provision for remaining agreement validity if some parts are found unenforceable
15. Entire Agreement: Confirmation that this document represents the complete agreement between parties
1. Children: Arrangements regarding existing or future children, including custody and financial responsibility
2. Pets: Arrangements for pet ownership and care responsibilities
3. Business Interests: Protection and division of business assets and interests
4. Inheritance Rights: Specific provisions regarding inheritance in case of death
5. Medical Decisions: Authority for medical decision-making in emergencies
6. Religious Observances: Agreements regarding religious practices and observances
7. Intellectual Property: Rights to intellectual property created during the relationship
8. Social Media: Guidelines for social media posts and privacy
9. Future Marriage Intentions: Understanding regarding future marriage plans if applicable
10. Insurance: Arrangements regarding life, health, and property insurance
1. Schedule A - Asset Registry: Detailed list of individual assets owned by each partner prior to cohabitation
2. Schedule B - Joint Assets: List of jointly owned assets and agreed ownership percentages
3. Schedule C - Financial Contributions: Detailed breakdown of agreed financial contributions from each partner
4. Schedule D - Household Expenses: List of household expenses and agreed division of responsibilities
5. Schedule E - Personal Debts: Declaration of individual debts and liabilities
6. Appendix 1 - Property Documents: Copies of property ownership documents referenced in the agreement
7. Appendix 2 - Financial Statements: Current financial statements of both partners
8. Appendix 3 - Medical Information: Relevant medical information and emergency contacts
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