Binding Financial Agreement Template Western – Australia

The Binding Financial Agreement Template – Western Australia is offered in multiple formats, including PDF, Word, and Google Docs. Each version is designed to be both editable and printable to cater to your specific requirements.


Sample

Binding Financial Agreement Template Western – Australia

Editable | Printable



1. Parties Involved



2. Purpose of the Agreement

3. Financial Contributions

4. Division of Assets

5. Recognition of Debts

6. Duration of the Agreement

7. Dispute Resolution

8. Confidentiality Clause

9. Legal Counsel Acknowledgment

10. Governing Law

11. Signatures and Acceptance




PDF


WORD

Examples


Binding Financial Agreement Template – Western Australia (1)
Between:
[Party A’s Name]
[Party A’s Address]
[Party A’s Phone]
[Party A’s Email]
And:
[Party B’s Name]
[Party B’s Address]
[Party B’s Phone]
[Party B’s Email]
Introduction:
This Binding Financial Agreement (“Agreement”) is made between [Party A] and [Party B] as of [Effective Date], to establish provisions regarding the management of financial matters in the event of separation.
Clause 1: Purpose
The purpose of this Agreement is to clarify the financial responsibilities and rights of both parties in the event of a breakdown of their relationship.
Clause 2: Financial Disclosure
Both parties agree to provide a complete disclosure of their financial circumstances, including assets, liabilities, income, and expenses, prior to signing this Agreement.
Clause 3: Division of Property
In the event of separation, any property accrued during the relationship shall be divided as follows: [specify division terms].
Clause 4: Spousal Maintenance
Both parties agree that [specify conditions under which spousal maintenance may be sought or waived].
Clause 5: Legal Advice
Each party acknowledges that they have been advised to seek independent legal advice regarding this Agreement and its implications.
Clause 6: Dispute Resolution
In the event of a dispute regarding this Agreement, both parties agree to attempt to resolve the dispute through mediation before pursuing other legal remedies.
Clause 7: Governing Law
This Agreement shall be governed by the laws of Western Australia.
Signed in [City], [Date].
Sincerely,
[Party A’s Signature]
[Party A’s Printed Name]
[Party B’s Signature]
[Party B’s Printed Name]
Binding Financial Agreement Template – Western Australia (2)
Between:
[Party A’s Name]
[Party A’s Address]
[Party A’s Phone]
[Party A’s Email]
And:
[Party B’s Name]
[Party B’s Address]
[Party B’s Phone]
[Party B’s Email]
Introduction:
This Binding Financial Agreement is executed between [Party A] and [Party B] to outline the financial arrangements and responsibilities agreed upon prior to separation.
Clause 1: Financial Responsibilities
Both parties agree to their respective financial obligations, including contributions to household expenses and shared investments.
Clause 2: Asset Distribution
Upon separation, the following assets shall be distributed as follows: [detail asset distribution].
Clause 3: Debt Responsibility
The parties agree on how existing debts will be managed, which includes [specify how debts will be divided].
Clause 4: Modification of Agreement
This Agreement may only be modified by written consent of both parties, ensuring that all changes are documented and acknowledged.
Clause 5: Full Disclosure
Both parties warrant that they have provided full and frank disclosure of their individual financial situations prior to execution of this Agreement.
Clause 6: Binding Nature
This Agreement is binding upon the parties and may be enforced in a court of law in Western Australia.
Clause 7: Jurisdiction
The parties submit to the exclusive jurisdiction of the courts of Western Australia in relation to any dispute arising under this Agreement.
Signed in [City], [Date].
Sincerely,
[Party A’s Signature]
[Party A’s Printed Name]
[Party B’s Signature]
[Party B’s Printed Name]

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Binding Financial Agreement Template Western - Australia