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Common Law Separation Agreement
"I need a Common Law Separation Agreement for a 6-year live-in relationship in Mumbai, involving shared property and a joint business venture, with the separation to take effect from March 1, 2025."
1. Parties: Identification and details of both partners entering into the separation agreement
2. Background: History of the relationship, including date of cohabitation commencement, nature of relationship, and decision to separate
3. Definitions: Definitions of key terms used throughout the agreement
4. Recognition of Relationship: Formal acknowledgment of the common law relationship's existence and duration
5. Date of Separation: Official date of separation and its implications
6. Division of Property: Detailed arrangements for division of jointly owned property and assets
7. Financial Settlement: Terms of any financial settlements, including maintenance or support payments
8. Mutual Release: Release of future claims against each other's assets or estate
9. Confidentiality: Terms regarding privacy and confidentiality of the relationship and separation
10. Dispute Resolution: Process for resolving any future disputes regarding the agreement
11. Governing Law: Confirmation that the agreement is governed by Indian law
12. Entire Agreement: Clause confirming this document represents the complete agreement between parties
13. Execution: Signing and witness requirements
1. Children: Details regarding custody, visitation, and support of any children from the relationship - include if there are children involved
2. Pets: Arrangements for care and custody of pets - include if there are shared pets
3. Business Interests: Division or handling of any shared business interests - include if parties have joint business ventures
4. Intellectual Property: Division of any intellectual property created during the relationship - include if relevant
5. Social Media and Digital Assets: Agreement regarding social media conduct and division of digital assets - include if needed
6. Future Relationships: Any agreements regarding conduct or obligations related to future relationships - include if parties want to address this
7. Religious Considerations: Any specific religious or cultural considerations - include if relevant to the parties
8. Medical Insurance: Arrangements regarding continued medical insurance coverage - include if applicable
1. Schedule A - Assets and Liabilities: Comprehensive list of all assets and liabilities with agreed division
2. Schedule B - Personal Property: Detailed list of personal property and its agreed distribution
3. Schedule C - Financial Disclosure: Complete financial disclosure from both parties
4. Schedule D - Maintenance Schedule: Details of any maintenance payments including amounts, frequency, and duration
5. Appendix 1 - Proof of Cohabitation: Documents evidencing the common law relationship
6. Appendix 2 - Property Documents: Copies of property documents, titles, and registration papers
7. Appendix 3 - Bank Accounts: List of joint and individual bank accounts with agreed actions
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