Property settlement agreement
A property settlement agreement shows how assets and debts are divided after a divorce or when a cohabitation ends, and becomes the proof that the division has been completed. With Contractik you do it on your phone, as long as you agree.
Suitable for
- Marriage (divorce) and cohabitation (separation)
- With or without a settlement payment between the parties
What the agreement contains
- Both parties: name, personal identity number, address, phone and email
- Type of relationship that has ended and cut-off date
- Assets and debts for each party
- Allocation of property
- Settlement payment and who pays
- Other terms and agreements
- General terms (see below)
- Signatures of both parties
Sign in person or remotely
Both sign directly on the phone, send a signing link by email, or print the agreement and sign on paper. Someone who receives a link does not need the app.
General terms included+
These are the terms included in the Contractik agreement. "Above" refers to the details you fill in in the agreement.
- The property settlement aims to regulate the distribution of assets and debts between the parties due to the marriage or cohabitation having ended.
- If the parties are married, the settlement covers matrimonial property, i.e. all property that is not separate property under a prenuptial agreement, will, or terms of a gift or inheritance.
- If the parties are cohabitants, the settlement only covers cohabitee property, i.e. the shared home and household goods acquired for joint use. Cohabitants only have the right to a property settlement if either of them requests it no later than one year after the cohabitation ended.
- Assets and debts are valued as of the cut-off date stated above.
- Each party is responsible for their own debts. Only the net value after deduction of debts is added together and divided equally between the parties.
- The distribution stated above regulates who receives each asset and is responsible for each debt.
- Any settlement payment shall be paid as stated above to even out the difference between the parties' shares.
- The agreement must be in writing and signed by both parties to be valid.
- The agreement constitutes evidence that the property settlement has been completed and is final between the parties.
- The agreement is governed by Swedish law.
Looking for a free template?
Contractik is not a PDF template that you download and fill in by hand. You fill in the details in the app and get a finished, signed agreement as a PDF. Try it free for 14 days.