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Relationship Agreement
"I need a relationship agreement outlining governance roles between two corporate entities, specifying a 60/40 decision-making split, quarterly review meetings, and a 3-year term with annual performance evaluations."
What is a Relationship Agreement?
A Relationship Agreement sets clear terms between unmarried couples living together in the Philippines, covering their shared property, finances, and responsibilities. It works like a contract that protects both partners' rights and interests, especially since Philippine law doesn't recognize common-law marriages.
This agreement helps couples manage joint assets, define financial obligations, and plan for possible separation. While not as formal as marriage contracts under the Family Code, these documents hold legal weight when properly executed and can prevent costly disputes later. Many Filipino couples now use them to establish clear boundaries and expectations in their domestic partnerships.
When should you use a Relationship Agreement?
Consider creating a Relationship Agreement before moving in with your partner in the Philippines, especially when planning to share property or financial responsibilities. This document becomes essential when purchasing assets together, opening joint accounts, or making significant shared investments.
It's particularly valuable for couples who want legal protection without marriage, or those bringing substantial individual assets into the relationship. Having this agreement in place before financial entanglement helps prevent misunderstandings and provides clear guidance if the relationship ends. Many couples draft it when starting a business together or receiving family inheritance to keep personal and shared assets distinct.
What are the different types of Relationship Agreement?
- Relationship Contract: Basic agreement covering shared living arrangements, property division, and financial responsibilities for cohabiting couples
- Consensual Relationship Agreement: Focuses on mutual consent and boundaries, often used by couples maintaining separate residences
- Relationship Separation Agreement: Outlines terms for relationship dissolution, asset division, and mutual obligations post-separation
- Marriage Infidelity Contract: Sets consequences for infidelity within marriage or committed relationships
- Marriage NDA: Protects private information and personal details between married or committed partners
Who should typically use a Relationship Agreement?
- Unmarried Couples: Primary users who create Relationship Agreements to protect their interests and clarify financial arrangements while living together
- Legal Professionals: Lawyers who draft and review these agreements to ensure they comply with Philippine civil law and hold up in court
- Property Owners: Partners who own substantial assets and want to keep their property rights clear and protected
- Business Partners: Couples who jointly run enterprises and need to separate personal and business interests
- Family Members: Relatives who may be affected by property arrangements or inheritance matters covered in the agreement
How do you write a Relationship Agreement?
- Asset Inventory: List all individual and shared properties, bank accounts, investments, and debts both partners are bringing into the relationship
- Financial Responsibilities: Document how living expenses, utilities, and joint purchases will be divided
- Personal Information: Gather complete legal names, current addresses, and valid government IDs of both parties
- Property Documents: Collect titles, deeds, and registration papers for any shared assets
- Future Plans: Outline agreements about future property acquisition, business ventures, or inheritance matters
- Digital Generation: Use our platform to create a legally-sound document that includes all required elements under Philippine law
What should be included in a Relationship Agreement?
- Party Details: Full legal names, addresses, and civil status of both partners, with proper identification verification
- Property Terms: Clear listing of individual and joint assets, including current ownership and future division plans
- Financial Obligations: Detailed breakdown of shared expenses, debt responsibilities, and contribution arrangements
- Dispute Resolution: Process for handling disagreements, including mediation preferences under Philippine civil law
- Termination Clause: Conditions and procedures for ending the agreement
- Signatures: Dated signatures of both parties with two witnesses, as required by Philippine regulations
- Digital Generation: Our platform ensures all these elements are properly included and formatted for maximum legal validity
What's the difference between a Relationship Agreement and an Affidavit and Indemnity Agreement?
A Relationship Agreement differs significantly from an Affidavit and Indemnity Agreement in several key ways, though both documents deal with personal obligations under Philippine law.
- Purpose: Relationship Agreements focus on managing shared living arrangements and assets between unmarried partners, while Affidavit and Indemnity Agreements protect parties from future claims or losses
- Legal Scope: Relationship Agreements primarily govern domestic partnerships and property rights, whereas Affidavit and Indemnity Agreements serve as sworn statements with liability protection
- Enforcement Mechanism: Relationship Agreements rely on civil contract law, while Affidavit and Indemnity Agreements carry the weight of sworn testimony
- Duration: Relationship Agreements typically remain active throughout the partnership, but Affidavit and Indemnity Agreements often address specific events or transactions
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