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Agreement For Divorce On Mutual Consent
I need an Agreement For Divorce On Mutual Consent in Hong Kong for a couple with no children, covering the division of a jointly-owned apartment in North Point and two joint bank accounts, with completion targeted for March 2025.
1. Parties: Identification of both spouses with full legal names, addresses, and occupations
2. Background: Details of the marriage including date and place of marriage, separation date, and confirmation that both parties consent to divorce
3. Definitions: Key terms used throughout the agreement including property, matrimonial home, relevant dates, etc.
4. Basis for Divorce: Statement of mutual consent and grounds for divorce under Hong Kong law
5. Mutual Releases: General releases of claims between parties post-divorce
6. Division of Matrimonial Assets: Agreement on division of joint assets, savings, and personal property
7. Financial Arrangements: Details of any lump sum payments, maintenance arrangements, or financial settlements
8. Legal Costs: Agreement on how legal costs related to the divorce will be borne
9. Confidentiality: Provisions regarding privacy and confidentiality of the agreement terms
10. Governing Law: Confirmation that the agreement is governed by Hong Kong law
11. Entire Agreement: Clause confirming this document represents the complete agreement between parties
12. Execution: Signature blocks and execution formalities
1. Children Arrangements: Used when there are children of the marriage, covering custody, access, education, and maintenance arrangements
2. Business Interests: Required when either party has business interests that need to be addressed in the settlement
3. Pension Arrangements: Needed when pension or retirement benefits need to be divided
4. Foreign Assets: Required when there are assets located outside Hong Kong
5. Insurance Policies: Used when there are joint insurance policies or policies naming spouse as beneficiary
6. Tax Provisions: Required when there are significant tax implications in the asset division
7. Future Dispute Resolution: Optional mechanism for resolving future disputes about agreement interpretation
8. Religious Divorce: Required for couples who also need religious divorce proceedings
1. Schedule A - Asset Schedule: Detailed listing of all matrimonial assets and their agreed values
2. Schedule B - Property Details: Specific details of real estate properties and their disposition
3. Schedule C - Maintenance Calculations: Detailed breakdown of any maintenance payments and calculation method
4. Schedule D - Children's Arrangements: Detailed parenting schedule and specific arrangements for children
5. Schedule E - Outstanding Liabilities: List of joint debts and responsibilities for their settlement
6. Appendix 1 - Documentary Evidence: Copies of relevant documents including marriage certificate, property titles
7. Appendix 2 - Valuation Reports: Professional valuations of significant assets if applicable
8. Appendix 3 - Financial Statements: Recent financial statements or declarations of both parties
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