A Relationship Contract For Couples is increasingly relevant in modern Singapore society where couples may choose to cohabitate or share significant aspects of their lives without immediate marriage plans. This document becomes essential when parties wish to clearly define their rights and obligations regarding shared finances, property, and daily responsibilities. While not statutorily recognized in Singapore, these contracts can be enforced under general contract law principles if properly drafted. The agreement typically covers areas such as living arrangements, financial commitments, property rights, and termination conditions, providing clarity and protection for both parties' interests.
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Key Requirements PROMPT example:
Relationship Contract For Couples
"I need a Relationship Contract For Couples under Singapore law that covers shared property arrangements and financial responsibilities, as my partner and I are moving in together in March 2025 and purchasing a condo jointly."
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1. Parties: Identification and details of both parties entering the relationship contract
2. Background: Context of the relationship and purpose of the agreement
3. Definitions: Key terms used throughout the agreement
4. Living Arrangements: Terms regarding cohabitation and household responsibilities
5. Financial Arrangements: Division of expenses, joint accounts, and financial responsibilities
6. Termination: Conditions and process for ending the agreement
1. Property Rights: Provisions for joint property ownership and management of shared assets
2. Child Care Arrangements: Terms regarding responsibilities for existing children from previous relationships
3. Pet Care: Arrangements for the care and responsibility of shared pets
4. Business Interests: Provisions for protection of individual business interests and ventures
1. Schedule 1: Asset Register: Comprehensive list of individual and joint assets at time of agreement
2. Schedule 2: Financial Disclosure: Declaration of each party's financial position
3. Schedule 3: Household Expenses: Detailed breakdown of shared expenses and contribution ratios
4. Appendix A: Proof of Independent Legal Advice: Certificates from respective lawyers confirming independent legal advice received by each party
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