Domestic Contract for Hong Kong

Domestic Contract Template for Hong Kong

A domestic contract is a legally binding agreement between two individuals living together or planning to live together in Hong Kong, establishing their rights and obligations within their domestic relationship. This document, governed by Hong Kong law, covers various aspects including living arrangements, financial responsibilities, property rights, and personal obligations. It provides a clear framework for managing domestic affairs while offering protection for both parties under Hong Kong's legal system, incorporating relevant provisions from the Marriage Ordinance and related legislation.

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What is a Domestic Contract?

A Domestic Contract serves as a crucial legal instrument in Hong Kong for individuals who wish to formalize their living arrangements and mutual obligations. This document is particularly relevant for couples who are cohabiting or planning to cohabitate, whether in a romantic relationship or sharing living space for practical purposes. The contract addresses key aspects such as financial responsibilities, property rights, living arrangements, and personal obligations, all within the framework of Hong Kong law. It draws upon various Hong Kong ordinances, including the Marriage Ordinance and the Matrimonial Proceedings and Property Ordinance, to ensure legal compliance and enforceability. The Domestic Contract becomes especially important in situations where parties need clarity on their rights and responsibilities, want to protect their individual assets, or wish to establish clear guidelines for their shared living arrangement.

What sections should be included in a Domestic Contract?

1. Parties: Identifies and provides full details of both parties entering into the domestic contract

2. Background: States the context of the agreement and the parties' relationship status

3. Definitions: Defines key terms used throughout the agreement

4. Purpose and Scope: Outlines the intention of the agreement and what it covers

5. Living Arrangements: Details the agreed living arrangements between the parties

6. Financial Arrangements: Specifies how daily expenses, bills, and joint purchases will be handled

7. Property Rights: Establishes how existing and future property will be owned and managed

8. Termination: Sets out circumstances and procedures for ending the agreement

9. Governing Law: Confirms the agreement is governed by Hong Kong law

10. Execution: Formal signing section with witness requirements

What sections are optional to include in a Domestic Contract?

1. Children: Include when there are children involved, detailing arrangements for their care and support

2. Pets: Include when there are pets involved, detailing their care and ownership

3. Business Interests: Include when either party owns a business or has significant business interests

4. Inheritance Rights: Include when parties wish to address inheritance matters

5. Debt Management: Include when there are existing debts or specific arrangements for future debt

6. Religious Requirements: Include when specific religious practices need to be observed

7. Foreign Assets: Include when either party has assets outside Hong Kong

8. Dispute Resolution: Include when parties wish to specify mediation or arbitration procedures

What schedules should be included in a Domestic Contract?

1. Schedule 1: Asset Register: Detailed list of all assets owned by both parties at the time of agreement

2. Schedule 2: Financial Obligations: List of ongoing financial commitments and how they will be managed

3. Schedule 3: Property Details: Specific details of any properties owned or rented

4. Appendix A: Household Budget: Agreed budget and financial planning document

5. Appendix B: Personal Items Inventory: List of personal belongings and their agreed ownership

6. Appendix C: Shared Responsibilities: Detailed breakdown of household and other shared responsibilities

Authors

Alex Denne

Head of Growth (Open Source Law) @ Genie AI | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Jurisdiction

Hong Kong

Publisher

Genie AI

Document Type

Loan Agreement

Sector

Banking

Cost

Free to use
Relevant Industries

Legal Services

Family Services

Real Estate

Financial Services

Social Services

Healthcare

Insurance

Wealth Management

Relevant Teams

Legal

Family Law

Private Client Services

Dispute Resolution

Document Processing

Client Relations

Wealth Planning

Property Services

Social Services

Relevant Roles

Lawyer

Legal Counsel

Family Law Specialist

Paralegal

Notary Public

Financial Advisor

Estate Planner

Social Worker

Family Mediator

Relationship Counselor

Property Manager

Insurance Advisor

Wealth Manager

Industries
Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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