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Domestic Relationship Agreement

Domestic Relationship Agreement Template for New Zealand

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Key Requirements PROMPT example:

Domestic Relationship Agreement

"I need a Domestic Relationship Agreement for a couple in New Zealand where one partner owns a successful business and significant property assets, while the other is about to receive a large inheritance in March 2025; the agreement needs to protect both parties' interests and include provisions for potential future children."

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Document background
The Domestic Relationship Agreement is a crucial legal document used in New Zealand when couples wish to establish clear terms regarding their property rights and financial arrangements, either before or during their relationship. This agreement is particularly relevant for couples entering marriages, civil unions, or de facto relationships who wish to protect their individual assets or establish clear guidelines for property division that differ from the default provisions of the Property (Relationships) Act 1976. It typically includes detailed provisions about property classification, financial responsibilities, living arrangements, and procedures for potential relationship dissolution. The agreement must be drafted in compliance with New Zealand law, requiring both parties to receive independent legal advice and make full financial disclosure to ensure enforceability.
Suggested Sections

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

2. Background: Context of the relationship, purpose of the agreement, and acknowledgment that both parties seek to contract out of the Property (Relationships) Act 1976

3. Definitions: Key terms used throughout the agreement including 'relationship property', 'separate property', 'relationship debt'

4. Independent Legal Advice: Confirmation that both parties have received independent legal advice before signing

5. Property Classification: Definition and classification of relationship property and separate property

6. Financial Arrangements: How parties will manage their finances, including joint accounts, expenses, and savings

7. Living Arrangements: Details about shared residence, payment of household expenses, and property maintenance

8. Separation Provisions: Process and arrangements in case of relationship breakdown

9. Dispute Resolution: Process for resolving any disputes arising from the agreement

10. Review and Amendment: Provisions for reviewing and updating the agreement

11. General Provisions: Severability, governing law, and other standard contractual terms

Optional Sections

1. Children's Arrangements: Used when there are existing children or planned children, covering care arrangements and financial support

2. Business Interests: Required when either party owns a business or plans to start one during the relationship

3. Trust Interests: Included when either party has interests in family or other trusts

4. Inheritance and Gifts: Used when there are expected inheritances or significant gifts to be received

5. Overseas Assets: Required when either party has assets in other countries

6. Debt Management: Included when there are significant existing debts or expected future debts

7. Pets and Animals: Used when there are pets or animals to be considered in the relationship

8. Cultural Considerations: Include when specific cultural practices or properties need protection

9. Health and Medical: Used when there are specific health conditions or medical needs to be considered

Suggested Schedules

1. Schedule A - Assets Schedule: Detailed list of all assets owned by each party at the time of agreement

2. Schedule B - Liabilities Schedule: Detailed list of all debts and liabilities of each party

3. Schedule C - Agreed Values: Current agreed values of significant assets and businesses

4. Schedule D - Financial Disclosure: Complete financial disclosure from both parties

5. Schedule E - Living Expenses: Breakdown of shared living expenses and contribution arrangements

6. Appendix 1 - Certificates of Independent Legal Advice: Signed certificates from lawyers confirming independent legal advice

7. Appendix 2 - Valuations: Professional valuations of significant assets (if applicable)

Authors

Alex Denne

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

alex.den.21@genieai.co
Relevant legal definitions








































Clauses


































Relevant Industries

Legal Services

Financial Services

Family Services

Property Services

Wealth Management

Professional Services

Social Services

Real Estate

Banking

Insurance

Relevant Teams

Legal

Private Client Services

Family Law

Relationship Property

Wealth Management

Estate Planning

Dispute Resolution

Property Law

Document Processing

Client Relations

Relevant Roles

Family Lawyer

Legal Partner

Relationship Property Specialist

Private Client Advisor

Estate Planning Lawyer

Family Law Associate

Legal Executive

Wealth Manager

Financial Advisor

Property Lawyer

Mediator

Trust Lawyer

Legal Secretary

Conveyancing Lawyer

Law Clerk

Industries







Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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