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Non Cohabitation Agreement
"I need a Non Cohabitation Agreement to formalize separation from my live-in partner, including division of our jointly-owned apartment in Mumbai and shared investments, with the agreement to take effect from March 1, 2025."
1. Parties: Identification and details of all parties entering into the agreement
2. Background: Context of the relationship and reasons for entering into the non-cohabitation agreement
3. Definitions: Key terms used throughout the agreement defined for clarity and legal certainty
4. Purpose of Agreement: Clear statement of the intention to live separately and the objectives of the agreement
5. Living Arrangements: Specific terms regarding separate residences and physical separation
6. Financial Independence: Declaration of financial separation and handling of individual income and expenses
7. Division of Existing Assets: Agreement on how currently shared assets will be divided
8. Future Property and Assets: Treatment of property and assets acquired after the agreement
9. Mutual Release of Claims: Waiver of future claims against each other's property or assets
10. Confidentiality: Terms regarding privacy and disclosure of agreement details
11. Dispute Resolution: Process for handling disagreements related to the agreement
12. Governing Law: Specification of Indian law as governing law and jurisdiction
13. Amendment and Termination: Conditions and process for modifying or ending the agreement
1. Shared Business Interests: Terms regarding management and division of any shared business ventures
2. Joint Investments: Handling of any joint investments or financial instruments
3. Mutual Debts: Management and resolution of shared debts and liabilities
4. Personal Effects: Division and retrieval of personal belongings
5. Communication Protocol: Guidelines for future communication between parties
6. Insurance Policies: Treatment of existing insurance policies and beneficiary designations
7. Shared Memberships: Handling of joint memberships, subscriptions, or accounts
8. Pet Care Arrangements: Terms regarding custody and care of shared pets
9. Emergency Contact Rights: Rights and limitations regarding emergency medical decisions
10. Social Media and Digital Assets: Guidelines for handling shared digital assets and social media
1. Schedule A - Asset Inventory: Detailed list of all assets owned individually and jointly
2. Schedule B - Property Details: Specific information about real estate properties and their disposition
3. Schedule C - Financial Accounts: List of bank accounts, investments, and their agreed division
4. Schedule D - Personal Items: Inventory of personal belongings and their agreed distribution
5. Schedule E - Outstanding Debts: List of all debts and liabilities with assignment of responsibility
6. Appendix 1 - Supporting Documents: Copies of relevant property documents, bank statements, and other supporting materials
7. Appendix 2 - Contact Information: Current contact details and permanent addresses of both parties
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