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Property Settlement Agreement Not Married
"I need a Property Settlement Agreement Not Married for a house in London that I jointly own with my former partner, where I will buy out their 50% share for £300,000 by March 2025, and I need the agreement to include provisions about temporary occupation rights until the buyout is complete."
1. Parties: Identification and details of all parties involved
2. Background: History of property ownership and relationship between parties
3. Definitions: Key terms used throughout the agreement
4. Property Details: Full description of property/properties involved
5. Ownership Declaration: Current and agreed future ownership proportions
6. Financial Settlement: Details of any payments between parties
7. Implementation: Timeframes and mechanisms for executing the agreement
8. Governing Law: Confirmation of applicable law and jurisdiction
1. Mortgage Arrangements: Details of mortgage responsibilities when property has an existing mortgage
2. Maintenance Obligations: Ongoing property maintenance responsibilities when property will remain in shared ownership
3. Occupation Rights: Terms for continued occupation by either party when one party will remain in the property
4. Children's Provisions: Arrangements related to children's occupancy when minor children are involved
1. Schedule 1: Property Details: Detailed property description including title numbers and registration details
2. Schedule 2: Financial Statement: Detailed breakdown of financial settlements and payments
3. Schedule 3: Implementation Timeline: Detailed timeline for executing all aspects of the agreement
4. Appendix A: Property Title Documents: Copies of relevant title documents
5. Appendix B: Valuation Reports: Professional property valuations
6. Appendix C: Mortgage Documents: Relevant mortgage documentation
Authors
Property
Completion Date
Distribution Date
Effective Date
Encumbrances
Financial Settlement
Implementation Period
Land Registry
Legal Charge
Legal Title
Mortgage
Occupation Rights
Parties
Property Interest
Property Value
Registered Title
Settlement Sum
Title Documents
Transfer
Valuation Report
Working Day
Property Description
Financial Settlement
Payment Terms
Property Transfer
Mortgage Obligations
Representations and Warranties
Implementation
Occupation Rights
Maintenance Obligations
Costs and Expenses
Tax Implications
Future Sale Provisions
Dispute Resolution
Severability
Entire Agreement
Confidentiality
Third Party Rights
Notices
Governing Law
Jurisdiction
Force Majeure
Amendment and Variation
Assignment
Waiver
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