A section 21 agreement, also known as a contracting out agreement, relationship property agreement or ‘pre-nup’, is a written agreement that allows couples to make arrangements about the status, ownership and division of property upon separation or death. This agreement ‘contracts out’ of the equal-sharing relationship property rule under the Property (Relationships) Act 1976 (the Act).
These agreements can cover any and all property owned by either party and the parties are free to decide on the division they see fit.
As a general rule the Property (Relationships) Act 1976 states that when relationship property is divided, each party shares equally (i.e. 50/50) in the family home, family chattels, and any other ‘relationship property’.
The Property (Relationships) Act 1976 sets out the law for division of ‘relationship property’ following division of a marriage, civil union or de facto relationship. A de facto relationship is simply a relationship - irrespective of the sex of either person - where the two people are 18 or older and live together as a couple
What is required to obtain a protection order?
To obtain a protection order, the person applying (the applicant) must prove three things:
- A domestic relationship exists;
- There has been domestic violence; and
- A protection order is necessary for their ongoing protection.