The Separation Agreement for Unmarried Couples template in Clark provides a comprehensive framework for unmarried partners to outline their mutual obligations regarding the ownership and expenses of a jointly acquired property. This document facilitates the establishment of a joint tenancy, which allows both parties to have equal ownership rights and ensures that the property passes to the surviving partner upon death. Key features include provisions for the sharing of mortgage and maintenance expenses, the establishment of a joint checking account for financial contributions, and restrictions on selling or transferring interests in the property without mutual consent. Additionally, the agreement outlines procedures for resolving disputes over the property's valuation and includes clauses for modification and enforcement. This template serves as a vital resource for attorneys, partners, owners, associates, paralegals, and legal assistants by providing clear, legally sound guidelines that help protect the interests of both parties. It is especially useful in mitigating potential conflicts and ensuring a fair and organized approach to property management among unmarried couples.