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Legally Binding Relationship Contract
"I need a Legally Binding Relationship Contract for my partner and me, as we are planning to move in together in March 2025 and want to protect our individual business assets while establishing clear terms for shared expenses and property acquired during our relationship."
1. Parties: Identification and details of both parties entering into the relationship contract
2. Background: Context of the relationship and purpose of entering into the contract
3. Definitions: Clear definitions of key terms used throughout the agreement
4. Nature of Relationship: Definition and acknowledgment of the type of relationship and mutual commitments
5. Duration and Review: Term of the agreement and provisions for periodic review
6. Living Arrangements: Details of cohabitation or separate living arrangements
7. Financial Obligations: Financial responsibilities, shared expenses, and individual financial commitments
8. Asset Management: Management and ownership of joint and individual assets acquired before and during the relationship
9. Confidentiality: Privacy and confidentiality obligations regarding the relationship and agreement
10. Dispute Resolution: Process for resolving disagreements and conflicts
11. Termination: Conditions and process for terminating the agreement
12. Governing Law: Confirmation of Indian law as governing law and jurisdiction
13. Signatures: Execution clause and signature blocks for both parties and witnesses
1. Children and Parenting: Include when either party has or plans to have children, covering parenting responsibilities and arrangements
2. Religious Observances: Include for interfaith relationships to address religious practices and celebrations
3. Business Interests: Include when either party owns business assets or conducts business activities
4. Intellectual Property: Include when either party has significant IP assets or creative works
5. Healthcare Decisions: Include provisions for medical decision-making and healthcare responsibilities
6. Social Media and Public Presence: Include guidelines for social media usage and public disclosure of the relationship
7. Pet Care: Include when the couple has or plans to have pets
8. Cultural Practices: Include specific cultural obligations or practices important to either party
1. Schedule A - Asset Inventory: Detailed list of individual assets owned by each party at the time of agreement
2. Schedule B - Financial Disclosure: Complete financial disclosure including income, liabilities, and investments
3. Schedule C - Shared Expenses: Breakdown of shared expenses and contribution ratios
4. Schedule D - Property Details: Details of any shared property or real estate arrangements
5. Appendix 1 - Conflict Resolution Procedures: Detailed procedures for handling specific types of disputes
6. Appendix 2 - Emergency Contacts: List of emergency contacts and important reference information
7. Appendix 3 - Medical Information: Relevant medical information and healthcare preferences
8. Appendix 4 - Personal Goals and Expectations: Documentation of both parties' personal and relationship goals
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