Division Of Assets Agreement Template

April 9, 2021

A separation agreement is a document used by two persons in a marriage to distribute their assets and responsibilities in preparation for separation or divorce. INTRODUCTIONIdentification of the parties This agreement is reached between The parties were married on the date of separation The date of separation of the parties was – the subject of the agreement Since some irreconcilable differences between husband and wife developed, they separated and sought divorce. The following agreement is a solution to ownership issues between them without going to court. This agreement serves as a final and comprehensive settlement of all property rights and obligations between the parties. Disclosure Each party states that it has made the full disclosure of aden and assets. Each party knowingly, intelligently and voluntarily entered into this agreement; The Committee on Civil Liberties and Rights was consulted by their respective lawyers regarding their legal rights to the agreement. Final provision This agreement is a definitive provision of the issues dealt with here. This agreement is included in a final divorce order. Dispute Resolution In the event of a dispute arising from non-compliance with this agreement, the dominant party is entitled to its reasonable costs and legal fees.

Identification and confirmation of the separate property (1) Separate property of the spouse Here are the separated property of the husband which must be considered by him as his separate property. The wife refuses all rights and interest in these assets and renounces them. Here is the list of assets: The husband refuses all rights and interest on these assets and departs from them. (2) The property separate from the list of wife Assets Here:_____________________Identification and the division of marital property (1) Husband husband husband is assigned and transferred, the following assets and liabilities. Woman transfers to her husband as her separate property all her rights and interest for each asset. List of Assets Here: The husband transfers to the wife, as a separate property, all his rights and interest for each asset. Here: _____________________Homestead man/woman stays in the family home that is in the `until the next event occurs (Circle 1): (1) The youngest child of the parties is eighteen years old, (2) high school graduates or (3) are legally emancipated.

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