Download as doc, pdf, or txt
Download as doc, pdf, or txt
You are on page 1of 2

MARRIAGE SETTLEMENT AGREEMENT

(Complete Separation of properties)

This Memorandum of Agreement (this Agreement) is


entered into this _______________ in Davao City by and between:

______________, Filipino, of legal age, single, and a


resident of __________ Philippines (the FIRST
PARTY);

- and

___________, Filipino, of legal age, single and a resident of


_________ ( SECOND PARTY).

WITNESSETH:

WHEREAS, First Party and the Second Party agree to marry


each other on __________;

WHEREAS, First Party and the Second Party agree to enter


into marriage settlement agreement (pre-nuptial agreement) in
accordance with the provisions of Article 75 to 81 of the family
code of the Philippines.

NOW, THEREFORE, for and in consideration of the


foregoing premises, parties agree to the following terms and
conditions:

1. Property Regime: Parties have agreed that their marriage


shall be govern by property regime/relation of COMPLETE
SEPARATION OF PROPERY;

The regime of COMPLETE SEPARATION OF PROPERTY shall be


total separation and shall cover present and future properties of
the parties.

2. Administration and enjoyment of the Property: In


accordance with the provisions of existing law, each party shall
own, dispose of, or possess, administer and enjoy his or her own
property or separate estate, without need of consent of the other.

To each spouse shall belong all earnings from his or her


profession, business or industry and all fruits, natural, industrial or
civil, due or received during the marriage from his or her separate
property
1
Both spouses shall bear the family expenses in proportion to
their income, or, in case of insufficiency or default thereof, to the
current market value of their separate properties

IN WITNESS WHEREOF, the parties have affixed their


signatures on this _________ at ________, Philippines.

acknowledgement

You might also like