Property division Sambo Template (English) - Property Division Agreement Cohabitation Word/Excel/PDF

Product description: Property division agreement Sambo - A Complete Template for a Fair Property Division according to Swedish Law

When a cohabitation relationship ends, the question of how joint assets should be distributed often arises. A carefully designed property division agreement template can help facilitate this process and ensure that the assets are shared fairly, in accordance with the Swedish Partnership (2003:376) . With our property division agreement template, you get a legally secured tool that is easy to use and that helps you formalize the division of housing and household goods without legal complications. The template is available for direct download and comes in three formats: Word, PDF and Excel , making it flexible and easy to adapt to specific needs.

What is a property division agreement?

A property division agreement is a written agreement between two cohabitants who decide to separate. The agreement regulates the distribution of assets that have been purchased for joint use, such as housing and household goods. The property division agreement is particularly important because it prevents future conflicts about who is entitled to what and clarifies responsibility for any joint debts. Although a property division agreement is not a legal requirement under Swedish law, it is highly recommended to avoid disputes afterwards.

Advantages of our Property sharing agreement template

• Legal security: Our template follows the rules in the Partnerships , which means that it takes into account both housing and household goods acquired for joint use.
• User-friendly design: The template is easy to fill in and adapt to your situation. It comes in both Word, PDF and Excel formats , making it easy to manage valuations and allocate assets.
• Protection for the future: A signed property division agreement serves as legal protection for both parties and prevents potential property division claims long after the separation.
• Flexibility and customization: You can add or remove parts of the template depending on your specific needs and how you and your partner wish to distribute the assets. For example, certain types of property may be exempt from division.

Content of the Template

Our property division agreement template covers all important aspects for a proper division of assets and liabilities:

1. Personal data: The template begins by identifying both parties, including their names, social security numbers and addresses. This creates a clear picture of who is involved in the agreement.

2. Joint property: A detailed list of joint property acquired during the cohabitation relationship. This includes everything from the shared home to furniture and household items acquired for shared use.

3. Valuation of assets: The template gives you an opportunity to easily enter the current market value of each asset, including any liabilities to be deducted from the assets before they are divided.

4. Probate settlement: If one party takes over an asset, such as the home, which has a higher value than what the other party is entitled to, it is regulated how compensation is to be paid (probate settlement).

5. Signature and witnesses: The template includes signature lines for both parties as well as the option to include witnesses for additional legal certainty, although this is not a requirement under Swedish law.

6. Exemption of property: Specific assets that should not be included in the division of the estate, such as personal items, inheritances or gifts, can be specified as exempt from the division.

Relevant Laws for the Template

This template has been designed to comply with Swedish legislation and especially the rules in Sambolagen (2003:376) , which govern what is considered cohabitation property and how it should be distributed in the event of a separation. Important paragraphs include:

• Partnerships §3 : Defines what is included as joint property (residence and household goods acquired for joint use).
• Cohabitation §8 : Regulates that a request for property division must be made within one year of the cohabitation ending. After this, the right to property division expires.
• Partnerships §13 : Regulates how debts linked to joint property must be deducted from the total value before distribution.
• Partnerships §9-10 : Allows cohabitants to waive the rules of the Cohabitation Act through a cohabitation agreement, for example to exclude certain property from the division of property.

Frequently Asked Questions about the division of property for cohabitants

1. What counts as joint property?
Cohabitation property includes housing and household goods acquired for joint use during the cohabitation relationship. This can be furniture, household appliances, and the like. Personal assets, such as vehicles or clothing, are not included unless acquired for joint use.

2. How is the property valued in case of property division?
The property is valued based on its market value on the day the cohabitation ended. Any debts, which are linked to the shared property, must be deducted from the total value before distribution.

3. Can we agree away the right to property division?
Yes, by writing a cohabitation agreement you can agree away the right to property division, which means that the Cohabitation Act will not apply to your division of the assets. However, it is important that the cohabitation agreement is in writing and signed by both parties.

4. How does the probate liquidation work?
If one party takes over an asset, for example the home, that exceeds the share to which that party is entitled, the other party must be financially compensated for this difference.

5. Does the agreement have to be witnessed?
No, witnessing property division agreements is not a requirement under Swedish law. However, it can be an advantage if a dispute arises in the future.

Downloadable Formats

After purchase, you can directly download the template in the following format:

• Word (.docx): Perfect for those who want to edit and adapt the agreement to your specific needs.
• PDF (.pdf): For those who want a fixed and unchangeable version of the agreement.
• Excel (.xlsx): Perfect for filling in and managing values ​​and division easily with ready-made calculations.

Conclusion

Our property division agreement template offers a legally secure, simple and flexible solution for cohabitants separating. By using this template, you can avoid future disputes and ensure that the distribution of joint assets takes place in a fair and legal way. The template is designed to meet the requirements set by Swedish legislation and can be easily adapted to your and your partner's needs. Download it immediately and ensure a fair distribution of your assets.