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Non Cohabitation Agreement
"I need a Non Cohabitation Agreement under Pakistani law for two business partners who will be co-owning a commercial property in Lahore but maintaining separate residences, to be effective from March 2025."
1. Parties: Full legal names and details of both parties entering into the agreement
2. Background: Context of the agreement, including the parties' intention to maintain separate residences
3. Definitions: Key terms used throughout the agreement
4. Separate Residences: Clear statement of intention to maintain separate living arrangements and specific addresses
5. Financial Independence: Declaration of financial separation and independence between parties
6. Property Rights: Clear delineation of existing property ownership and future property acquisition
7. Debt and Liabilities: Statement regarding separate responsibility for debts and financial obligations
8. Dispute Resolution: Process for resolving any disputes arising from the agreement
9. Duration and Termination: Terms regarding how long the agreement remains in effect and conditions for termination
10. Governing Law: Specification that Pakistani law governs the agreement
11. Entire Agreement: Confirmation that this document represents the complete agreement between parties
12. Severability: Provision stating that if any part of the agreement is found invalid, the rest remains in force
1. Mutual Support Disclaimer: Optional clause explicitly disclaiming any obligations of mutual support or maintenance
2. Religious Law Acknowledgment: Optional section acknowledging awareness of religious law implications, if relevant to the parties
3. Privacy and Confidentiality: Optional provisions regarding privacy and non-disclosure of the agreement's existence or terms
4. Business Interests: Optional section addressing any shared business interests or ventures, if applicable
5. Gift Returns: Optional provisions regarding the return of gifts or personal items in case of dispute
6. Third Party Rights: Optional clause addressing rights of third parties under the agreement
7. Insurance Policies: Optional section addressing any shared or separate insurance arrangements
1. Schedule A - Property Inventory: Detailed list of each party's separate property at the time of agreement
2. Schedule B - Financial Obligations: List of existing financial obligations and responsibilities of each party
3. Schedule C - Residence Details: Specific details about each party's separate residence arrangements
4. Appendix 1 - Legal Certificates: Copies of relevant legal documents including ID proofs and property documents
5. Appendix 2 - Financial Statements: Current financial statements of both parties if relevant to the agreement
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