This form involves a situation where a couple is buying a house prior to their marriage and want to agree in writing how the house and other property should be disposed of if they should separate and not get married.
Santa Clara California Domestic Partnership Agreement regarding Disposition of Real and Personal Property if Partnership is Dissolved — Unmarried is a legal contract that provides guidelines for the division of assets and property in the event of the dissolution of a domestic partnership. This agreement is specific to Santa Clara, California, and applies to couples who are not married but have chosen to establish a domestic partnership. In Santa Clara County, there are different types of domestic partnership agreements that address the unique situations and preferences of unmarried couples. These agreements may include: 1. Comprehensive Property Agreement: This type of agreement outlines specific details regarding the division of both real property (such as houses, land, or buildings) and personal property (such as vehicles, furniture, or valuable possessions) accumulated during the partnership. 2. Limited Property Agreement: Some couples may opt for a more limited agreement that focuses solely on the division of certain assets, such as shared bank accounts, investment portfolios, or real estate properties acquired jointly. 3. Custody and Visitation Agreement: In cases where the domestic partnership involves children, this type of agreement addresses the custody, visitation rights, and financial responsibilities related to the children. It may also specify the distribution of assets dedicated to the children's well-being. 4. Retirement and Pension Agreement: For couples who have accumulated retirement savings or pensions during their partnership, this agreement establishes how these assets will be divided, providing clarity and security for both parties. 5. Debt Allocation Agreement: In situations where couples have shared liabilities, such as joint credit card debt or loans, this agreement outlines how the debts will be distributed and who will assume responsibility for repayment. It's important to note that Santa Clara California Domestic Partnership Agreement regarding Disposition of Real and Personal Property if Partnership is Dissolved — Unmarried should be created and tailored to the specific circumstances and desires of the couple involved. Seeking legal counsel or guidance is highly recommended ensuring that the agreement adheres to the laws and regulations of Santa Clara County and meets the needs of both partners.
