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Cohabitation Property Agreement
"I need a Cohabitation Property Agreement that protects my pre-existing business assets and three properties in Lagos, while establishing clear terms for shared household expenses and any future joint property acquisitions with my partner."
1. Parties: Identification and details of the cohabiting partners entering into the agreement
2. Background: Context of the relationship, purpose of the agreement, and acknowledgment of legal advice
3. Definitions: Key terms used throughout the agreement including 'shared property', 'separate property', 'cohabitation', etc.
4. Duration and Application: Period of effectiveness and circumstances under which the agreement applies
5. Separate Property: Declaration and listing of properties owned individually by each party prior to cohabitation
6. Shared Property: Definition and treatment of jointly acquired property during cohabitation
7. Financial Contributions: Agreement on how parties will contribute to household expenses and property maintenance
8. Property Division on Separation: Process and principles for dividing property if the relationship ends
9. Dispute Resolution: Procedures for resolving disagreements about property matters
10. Governing Law: Confirmation that Nigerian law governs the agreement
11. Execution: Signature section with attestation by witnesses
1. Business Interests: Section dealing with shared business ventures or protection of individual business interests
2. Inheritance Rights: Provisions regarding inheritance of property in case of death of either party
3. Debt Responsibility: Agreement on handling existing and future debts
4. Children's Interests: Provisions for protecting property interests of children from current or previous relationships
5. Pets and Personal Effects: Agreement on ownership and care of pets and distribution of personal items
6. Future Property Acquisition: Framework for handling property acquired after the agreement is signed
7. Cultural and Religious Considerations: Specific provisions acknowledging and incorporating relevant cultural or religious practices regarding property
8. Modification Procedures: Process for amending the agreement in the future
1. Schedule A - Separate Property Inventory: Detailed list of each party's separate property at the time of agreement
2. Schedule B - Shared Property Inventory: Detailed list of all shared property at the time of agreement
3. Schedule C - Financial Obligations: List of existing financial commitments and how they will be handled
4. Schedule D - Property Valuation Reports: Professional valuations of significant properties included in the agreement
5. Appendix 1 - Supporting Documents: Copies of property titles, registration documents, and other relevant certificates
6. Appendix 2 - Financial Statements: Current financial statements of both parties
7. Appendix 3 - Legal Advice Certificates: Certificates confirming independent legal advice received by each party
Authors
Cohabitation
Commencement Date
Common Household
Separate Property
Shared Property
Joint Property
Property
Parties
Principal Residence
Additional Residence
Household Expenses
Financial Contribution
Income
Business Assets
Personal Effects
Relationship
Separation
Termination Date
Business Day
Confidential Information
Effective Date
Fair Market Value
Financial Records
Inheritance
Land Use Rights
Legal Representatives
Liabilities
Living Expenses
Nigerian Law
Notice
Pre-existing Property
Property Rights
Real Property
Customary Law
State Law
Supporting Documents
Third Party
Valuation Date
Working Day
Recitals
Definitions
Duration
Property Rights
Separate Property
Joint Property
Financial Obligations
Property Division
Dispute Resolution
Confidentiality
Termination
Force Majeure
Severability
Entire Agreement
Amendments
Notices
Governing Law
Jurisdiction
Representations and Warranties
Independent Legal Advice
Property Maintenance
Financial Disclosure
Asset Registration
Death Provisions
Relationship Status
Third Party Rights
Execution
Attestation
Assignment
Legal Services
Real Estate
Financial Services
Property Management
Professional Services
Private Client Services
Family Services
Wealth Management
Notary Services
Legal
Property Rights
Private Client
Document Processing
Family Law
Real Estate
Contract Administration
Advisory Services
Wealth Planning
Property Management
Legal Counsel
Property Lawyer
Family Law Specialist
Real Estate Attorney
Wealth Manager
Property Rights Advisor
Legal Document Specialist
Family Law Paralegal
Estate Planning Attorney
Property Manager
Legal Document Drafter
Contract Administrator
Private Client Advisor
Legal Consultant
Property Rights Specialist
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