Property Settlement Agreements for Unmarried Couples Ending Their Relationship
Pull together all the financial, housing, and other details of your separation in one final settlement agreement.
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Once you and your ex have reached a final agreement on all issues regarding who's going to live where, what happens to the house, how you're going to split assets (and debts) and any other issues, it's a good idea to prepare a clearly written document covering all the details of your separation. Be as specific and clear as possible and list each key provision (Who gets the car? The piano? The cat?) separately. A sample settlement agreement is shown here. You can use this as a model and substitute or incorporate clauses and sections from other agreements you may have made.
Be sure you both date and sign your settlement agreement and each keep a copy. It’s a good idea to have your signed agreement notarized, just in case there’s a future need (in court or arbitration) to prove that the signatures on the agreement are not forged.
Your signed agreement is enforceable in court in the same way as is any other binding agreement—assuming the agreement doesn’t call for an illegal action.
Be sure to have an experienced attorney review your agreement, especially if children, a lot of money, or property are involved.