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Common Law Partner Agreement

Common Law Partner Agreement Template for Ireland

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Key Requirements PROMPT example:

Common Law Partner Agreement

"I need a Common Law Partner Agreement for a couple moving in together in March 2025, where one partner owns the property and runs a successful business, and they want clear terms about financial contributions and property rights."

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Document background
The Common Law Partner Agreement serves as a crucial legal framework for cohabiting couples in Ireland who wish to formalize their living arrangements and mutual obligations without entering into marriage or civil partnership. This document becomes particularly relevant when partners begin cohabiting or plan to do so, especially when they share assets, property, or financial responsibilities. It aligns with Irish legislation, particularly the Civil Partnership and Certain Rights and Obligations of Cohabitants Act 2010, and can be customized to address specific circumstances such as shared property ownership, financial contributions, and arrangements regarding children. The agreement provides legal certainty and protection for both parties, helping prevent future disputes and establishing clear protocols for various aspects of the cohabiting relationship.
Suggested Sections

1. Parties: Identifies and defines the cohabiting partners entering into the agreement

2. Background: Sets out the context of the relationship and purpose of the agreement

3. Definitions: Defines key terms used throughout the agreement

4. Recognition of Relationship: Establishes the nature of the cohabiting relationship and its commencement date

5. Living Arrangements: Details the agreed living arrangements and shared residence

6. Financial Contributions: Outlines how routine expenses and household costs will be shared

7. Property Rights: Defines ownership and rights regarding shared and individual property

8. Bank Accounts: Specifies arrangements for joint and individual bank accounts

9. Debts and Liabilities: Addresses responsibility for existing and future debts

10. Dispute Resolution: Establishes procedures for resolving disagreements

11. Termination: Defines circumstances and procedures for ending the agreement

12. Governing Law: Confirms the agreement is governed by Irish law

Optional Sections

1. Children: Include when the partners have or plan to have children, addressing guardianship and financial responsibilities

2. Pets: Include when partners have shared pets, addressing ownership and care responsibilities

3. Business Interests: Include when either partner owns a business or they have joint business interests

4. Inheritance Rights: Include specific provisions regarding inheritance if partners wish to address this

5. Pensions and Insurance: Include when partners wish to address pension rights and insurance policies

6. Medical Decisions: Include provisions for medical decision-making authority if desired

7. Gifts and Loans: Include when addressing substantial gifts or loans between partners or from family members

8. Social Media and Privacy: Include when partners want to establish guidelines about sharing relationship details publicly

Suggested Schedules

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

2. Schedule B - Property Details: Specific information about shared property and ownership arrangements

3. Schedule C - Financial Schedule: Detailed breakdown of financial contributions and responsibilities

4. Schedule D - Household Items Inventory: List of shared household items and their agreed ownership

5. Appendix 1 - Agreed Monthly Budget: Detailed monthly budget and expense sharing arrangement

6. Appendix 2 - Contact Information: Important contact details including next of kin and medical contacts

Authors

Alex Denne

Head of Growth (Open Source Law) @ tiktok³ÉÈË°æ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

alex.den.21@genieai.co
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