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The Property (Relationships) Act 1976 Provides legal rules on how property should be divided when a marriage, civil union, or de facto relationship ends
Relationship property includes:
• the family home;
• family chattels, such as household furniture and the family car (it does not include heirlooms or taonga)
• any property acquired when contemplating the relationship;
• debts;
• insurance on the spouses or partners' lives or on the family property;
• any part of a superannuation scheme or policy attributable to the marriage or relationship;
• gifts or inheritances which the owning partner allows to become mixed with other relationship property;
• property owned jointly or in equal shares by the spouses or partners;
• generally, property acquired by either spouse or partner during the relationship;
• property such as salary or wages which comes in during the relationship;
• property acquired by one spouse or partner before the marriage in contemplation of the relationship and intended for the common use or benefit of both spouses or partners;
• property which both spouses or partners agree is relationship property;
• increases in the value of relationship property, income from it, or the proceeds from sale of it.
All or some of a spouse or partner's separate property may become relationship property if:
• that spouse or partner puts the separate property into relationship property, for example by using separate property to buy or upgrade relationship property;
• the other spouse or partner's actions have helped to increase the value or income from the separate property;
• relationship property has been used to bring about growth in or income from the separate property;
• the separate property was obtained while the spouses or partners were living apart and the Court thinks it is fair to treat it as relationship property.
Under the Act, if the relationship has lasted more than three years, all relationship property will be divided equally unless the Court considers there are extraordinary circumstances that will make equal sharing repugnant to justice.
In most cases, the Act only covers de facto couples who have lived together in a de facto relationship for at least three years. |
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