1. Overview • Location: Queensland, Australia • Status: De facto couple, living together. • Objective: Formally structure our property co-ownership while legally protecting our total financial independence outside of this shared asset. 2. Asset Details • Property: Residential apartment in QLD (recently purchased). • Title: Held as Tenants in Common in unequal shares (45% / 55% split) 3. Required Scope of the Agreement We want a single, comprehensive legal document that embeds our property co-ownership terms. It must include: • Financial Independence ("Clean Break"): Strict mutual waivers over any future claims on individual assets, savings, inheritances, and superannuation. • Property Expenses: Clear rules on how mortgage repayments, body corporate levies, council rates, and maintenance costs are split. • Exit & Sale Triggers: Clear mechanisms for selling the property if the relationship ends, or if one party wishes to exit while the relationship continues. • Buyout Rights: A "Right of First Refusal" process allowing one partner to buy out the other’s share based on an independent valuation before open-market listing. • Estate Context: Acknowledgment that individual shares pass via our respective Wills, not automatically via survivorship. 4. Request for Quote & Information Please reply with the following details: 1. Capability: Do you specialize in family law BFAs that integrate property co-ownership terms? 2. Fee Structure: Do you offer a fixed-fee package for this service? If hourly, what is the rate and estimated total cost? 3. Conflict & Referrals: As we require separate firms for independent advice, do you have a reputable firm you regularly work across from that you can recommend for my partner? 4. Timeline: What is your current turnaround time to provide a first draft?
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Defacto BINDING FINANCIAL AGREEMENT & PROPERTY CO-OWNERSHIP
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Defacto BINDING FINANCIAL AGREEMENT & PROPERTY CO-OWNERSHIP
$4,000
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