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Relationship Property Agreement

Relationship Property Agreement Template for Australia

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Key Requirements PROMPT example:

Relationship Property Agreement

"I need a Relationship Property Agreement that protects my business interests, including my tech startup company valued at $2M, and establishes clear separation between personal and business assets as I'm getting married in March 2025."

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Document background
A Relationship Property Agreement is a crucial legal document used in Australia to establish clear property and financial arrangements between partners, whether married or in de facto relationships. This agreement is particularly important for couples wanting to protect their assets, establish clear financial boundaries, or plan for potential relationship breakdown. The document must comply with the Family Law Act 1975 and relevant state legislation, requiring both parties to receive independent legal advice. It typically includes comprehensive details about current asset ownership, agreed principles for future property division, financial obligations, and dispute resolution mechanisms. The agreement can cover various assets including real estate, personal property, business interests, superannuation, and future inheritances. It's essential for protecting both parties' interests and providing certainty about property and financial matters.
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 of entering into agreement freely

3. Definitions: Detailed definitions of key terms used throughout the agreement

4. Independent Legal Advice: Declarations that both parties have received independent legal advice

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

6. Current Property Ownership: Statement of current ownership status of all relevant properties

7. Future Property Division: Agreed principles and methods for division of property

8. Financial Obligations: Ongoing financial responsibilities and commitments

9. Dispute Resolution: Process for resolving disagreements about the agreement

10. Severability: Provision ensuring remainder of agreement stays valid if any part is found invalid

11. Governing Law: Specification that Australian law governs the agreement

12. Execution: Formal signing section including witness requirements

Optional Sections

1. Business Interests: Section dealing with existing or future business ownership and operation

2. Inheritance and Gifts: Treatment of inherited assets or anticipated inheritances

3. Superannuation: Handling of superannuation interests and splitting arrangements

4. Children's Provisions: Financial arrangements regarding existing or future children

5. International Assets: Provisions for assets held outside Australia

6. Trust Interests: Treatment of trust interests and beneficiary rights

7. Intellectual Property: Provisions for intellectual property rights and royalties

8. Death and Insurance: Provisions relating to life insurance and death benefits

Suggested Schedules

1. Schedule A - Real Property: Detailed list of all real estate owned by either party

2. Schedule B - Personal Property: Inventory of significant personal possessions and their agreed values

3. Schedule C - Financial Assets: List of bank accounts, investments, and other financial assets

4. Schedule D - Liabilities: Schedule of all debts and financial obligations

5. Schedule E - Superannuation: Details of superannuation accounts and interests

6. Schedule F - Business Assets: List of business interests and their valuations

7. Appendix 1 - Financial Disclosure: Detailed financial statements from both parties

8. Appendix 2 - Certificates of Independent Legal Advice: Signed certificates from each party's legal representative

Authors

Alex Denne

Head of Growth (Open Source Law) @ ºÚÁÏÊÓƵ | 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

Real Estate

Wealth Management

Professional Services

Family Services

Banking

Insurance

Property Management

Estate Planning

Relevant Teams

Legal

Finance

Wealth Management

Property Management

Risk & Compliance

Client Services

Professional Services

Document Management

Advisory Services

Family Law

Relevant Roles

Lawyer

Family Law Specialist

Legal Counsel

Financial Advisor

Wealth Manager

Property Manager

Estate Planner

Relationship Manager

Business Advisor

Accountant

Legal Secretary

Paralegal

Conveyancer

Financial Planner

Risk Manager

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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