When a separation occurs, there can often be a grieving process by one or both of the parties.
To enable parties to go their own separate ways, it is necessary for the parties to separate their property between them.
Many relationships end without the parties having agreed upon or being able to agree upon the manner in which their property should be divided.
Each party is required to appoint a solicitor to represent them separately. A separation and relationship property agreement must comply with certain legislative criteria in order to be binding, enforceable and relied upon by the parties.
The Property (Relationships) Act 1976 determines the manner in which property should be divided between a couple who separate. The legislation applies not only to married couples but also to parties in a civil union or de facto relationship. Relationship property matters can be complex and are unique in each case.