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Agreement For Couples Living Together
"I need an Agreement For Couples Living Together that primarily focuses on protecting my pre-existing business assets and establishing clear financial boundaries, as my partner and I plan to start living together from March 2025 in our newly purchased Mumbai apartment."
1. Parties: Identification and details of both partners entering into the live-in relationship agreement
2. Background: Context of the relationship and purpose of entering into this agreement
3. Definitions: Clear definitions of key terms used throughout the agreement
4. Nature of Relationship: Clear statement that this is a live-in relationship and not a marriage, acknowledging legal status
5. Duration of Agreement: Specify if the agreement is for a fixed term or ongoing, and conditions for review
6. Living Arrangements: Details of shared residence and housing responsibilities
7. Financial Arrangements: How shared expenses will be handled, including rent, utilities, and daily expenses
8. Property Rights: Treatment of individual and jointly acquired property during the relationship
9. Maintenance and Support: Financial support arrangements during the relationship
10. Relationship Breakdown: Process and arrangements in case of relationship termination
11. Dispute Resolution: Process for resolving disagreements between partners
12. Governing Law: Confirmation that the agreement is subject to Indian law and jurisdiction
1. Children: Arrangements regarding existing children or future children, including financial responsibility and care arrangements
2. Pets: Arrangements regarding ownership and care of pets
3. Business Interests: Protection of individual business interests and handling of joint business ventures
4. Medical Decisions: Rights and responsibilities regarding medical decisions for each other
5. Insurance: Arrangements regarding life, health, and property insurance
6. Intellectual Property: Protection of individual intellectual property rights
7. Social Media and Privacy: Guidelines for sharing relationship details on social media and maintaining privacy
8. Religious and Cultural Practices: Arrangements regarding respect and accommodation of religious or cultural practices
1. Schedule A - Financial Statement: Detailed list of each partner's assets, liabilities, and income at the time of agreement
2. Schedule B - Household Expenses: Detailed breakdown of shared household expenses and contribution arrangements
3. Schedule C - Property Inventory: List of individual and jointly owned property at the time of agreement
4. Schedule D - Utility Accounts: List of utility accounts and responsibility for each
5. Appendix 1 - Proof of Identity: Copies of identity documents of both partners
6. Appendix 2 - Property Documents: Copies of property ownership or rental agreements
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