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Pre Cohabitation Agreement
"I need a Pre Cohabitation Agreement for a Hong Kong-based couple where one partner owns multiple properties and a technology startup; the agreement should specifically address intellectual property rights and the protection of business assets while ensuring fair treatment of shared living expenses starting March 2025."
1. Parties: Identification and details of the cohabiting partners entering into the agreement
2. Background: Context of the relationship and purpose of entering into the agreement
3. Definitions: Key terms used throughout the agreement defined for clarity
4. Duration and Commencement: When the agreement takes effect and how long it will last
5. Living Arrangements: Details of shared residence, ownership/rental arrangements, and household responsibilities
6. Financial Arrangements: How routine expenses, bills, and joint purchases will be handled
7. Property Rights: Treatment of individually and jointly owned property during and after cohabitation
8. Bank Accounts and Finances: Management of joint and individual accounts, savings, and investments
9. Debts and Liabilities: Handling of existing and future debts, loans, and financial obligations
10. Termination: Circumstances and process for ending the agreement and cohabitation
11. Dispute Resolution: Process for resolving disagreements and conflicts
12. Governing Law: Confirmation that Hong Kong law governs the agreement
13. Severability: Statement that invalid provisions don't affect the entire agreement
14. Entire Agreement: Confirmation that this document represents the complete agreement between parties
1. Children: Arrangements for existing children or future children, used when either party has or plans to have children
2. Pets: Arrangements for pet ownership and care, included when the couple has or plans to have pets
3. Business Interests: Protection of business assets and intellectual property, used when either party owns a business
4. Death and Incapacity: Provisions for what happens in case of death or mental incapacity, recommended for longer-term relationships
5. Insurance: Arrangements for life, health, or property insurance, useful for shared policies
6. Gifts and Inheritances: Treatment of gifts and inheritances received during cohabitation, important for wealthy individuals
7. Confidentiality: Privacy provisions regarding relationship details and agreement terms, important for high-profile individuals
8. Foreign Assets: Handling of overseas properties and investments, needed when parties have international assets
1. Schedule 1: Financial Disclosure: Detailed statement of each party's assets, liabilities, and income at the time of agreement
2. Schedule 2: Property Inventory: List of all significant personal and real property owned by each party
3. Schedule 3: Shared Property: Inventory of jointly owned items and agreed-upon ownership percentages
4. Schedule 4: Household Expenses: Breakdown of regular household expenses and agreed contribution proportions
5. Schedule 5: Pre-existing Obligations: List of existing financial commitments, loans, or obligations of each party
6. Appendix A: Property Documents: Copies of property titles, leases, or relevant property documentation
7. Appendix B: Financial Documents: Copies of relevant financial statements, investment portfolios
8. Appendix C: Independent Legal Advice: Certificates of independent legal advice received by each party
Authors
Cohabitation
Commencement Date
Common Property
Confidential Information
Contribution
Domestic Expenses
Effective Date
Financial Disclosure
Individual Property
Joint Account
Joint Property
Living Expenses
Material Change
Parties
Principal Residence
Property
Separate Property
Shared Expenses
Shared Living Expenses
Termination Date
Termination Event
Working Day
Household Goods
Personal Effects
Pre-existing Assets
Joint Venture
Financial Obligations
Gross Income
Net Income
Independent Legal Advice
Dispute Resolution Process
Force Majeure
Maintenance Expenses
Capital Improvements
Business Day
Hong Kong
Interpretation
Cohabitation Terms
Property Rights
Financial Arrangements
Living Expenses
Joint Accounts
Separate Property
Asset Division
Debt Management
Dispute Resolution
Termination
Confidentiality
Independent Legal Advice
Severability
Amendment
Governing Law
Force Majeure
Notices
Entire Agreement
Death and Incapacity
Further Assurance
Costs
Waiver
Assignment
Third Party Rights
Relationship Status
Property Management
Insurance
Taxation
Personal Effects
Business Interests
Inheritance Rights
Children and Dependents
Pet Ownership
Legal Services
Real Estate
Financial Services
Wealth Management
Private Banking
Family Office Services
Property Management
Professional Services
Personal Services
Legal
Private Client Services
Family Law
Wealth Management
Document Processing
Property Law
Client Relations
Trust Services
Personal Legal Services
Drafting
Lawyer
Legal Counsel
Family Law Specialist
Private Wealth Manager
Financial Advisor
Property Lawyer
Legal Document Specialist
Partner (Law Firm)
Associate (Law Firm)
Paralegal
Trust Officer
Estate Planning Specialist
Relationship Manager
Legal Executive
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