|
|
|
Agreement making separate property joint after marriage.
Agreement is made this _________, 19__, between _________, and _________, of _________. Recitals: The parties are contemplating marriage. Each party has property of his or her own and on their marriage desire to pool their resources for the benefit of each other. In order to avoid any future conflict as to their rights and interest in property this agreement is made. Therefore, in consideration of the mutual benefits to be derived from the marriage, the parties agree as follows: 1. The parties agree to marry and live together as husband and wife. 2. On or before date of marriage, all property belonging to the parties, including bonds, bank accounts, and realty, shall be reissued, redeposited, and deeds drawn up so that each party shall be the joint owner, with right of survivorship of all the property at present owned and held by the parties separately and individually. 3. Each party obligates himself or herself to purchase and hold all property, present and future, jointly with the other party, and agrees to execute any instrument necessary to convey, sell or encumber any property, real or personal, when it is to the best interest of both parties that same be conveyed, sold or encumbered. 4. At the death of either party the property belonging to both shall become the absolute property of the other party, free from any claims of any and all other persons. To make effective this section of this agreement, a joint will of the parties is made and is placed in their safety deposit box in _________ bank in city of _________, _________ state. 5. Should either party file a divorce against the other, the party so filing shall by such filing forfeit to the other all right, title, and interest in all the property, real, personal or mixed, jointly held and owned by them. The parties agree that the original of this instrument be deposited in escrow with _________. This agreement cannot be revoked except by written consent of both parties, and the holder in escrow shall not deliver the original to anyone except a court of competent jurisdiction or to the parties on their mutual demand for the surrender of it. In witness, the parties have set their signatures on the day and year first above written.
_________________________________________________________________________________________
Browse Real Estate Forms & Mortgage Forms Alphabetically
A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
Home • Courses • Real Estate Forms • Income Properties For Sale • Forums • Real Estate Articles Copyright © 2001 - 2006, Buy Income Properties, Inc. All Rights Reserved. Privacy Policy in Observance.
|