A Relationship Property Agreement is essential for couples in Singapore who wish to establish clear arrangements regarding their property and assets. This document is particularly relevant when parties enter into marriage or a long-term relationship with significant individual assets, business interests, or expected inheritances. Under Singapore law, these agreements must comply with the Women's Charter or AMLA (for Muslim couples) and require independent legal advice for both parties. The agreement typically covers existing assets, future acquisitions, and principles for property division, providing security and clarity for both parties while potentially reducing future disputes.
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1. Parties: Identification and details of both parties entering into the agreement
2. Background: Context of the relationship and purpose of the agreement
3. Definitions: Key terms used throughout the agreement
4. Property Classification: Definition and categorization of separate and joint property
5. Division Principles: Agreed principles for division of property
6. Governing Law: Specification of Singapore law as governing law
1. Future Property: Provisions governing the treatment of property acquired after the agreement is executed
2. Business Interests: Special provisions for handling business assets and income when either party owns a business
3. Inheritance: Specific provisions for handling inherited property and expected inheritances
4. Religious Requirements: Additional provisions to ensure compliance with religious law, particularly relevant for Muslim parties under AMLA
1. Schedule A - Separate Property: Detailed inventory of each party's separate property at the time of agreement
2. Schedule B - Joint Property: Comprehensive list of all jointly owned property
3. Schedule C - Financial Disclosure: Financial statements and declarations from both parties
4. Appendix 1 - Certificates of Independent Legal Advice: Confirmations that both parties have received independent legal advice before signing
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