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What is the effect of the marital agreement property system

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What is the effect of the marital agreement property system


        

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  • 2024-06-05 16:00:47

    Both men and women may agree that the property acquired during the marriage relationship and the premarital property shall belong to their own ownership, joint ownership or part of their own ownership or part of their joint ownership. The marital agreement property system is valid for both husband and wife. For the third person, one of the husband and wife needs to provide accurate evidence to prove that they have informed the marital agreement in advance when dealing with the third person, otherwise the agreement will not have legal effect on the third person.

    [Legal Basis]

    In Article 1065 of the Civil Code, both men and women may agree that the property acquired during the marriage relationship and the pre marital property shall belong to their own, joint or part of their own, part of their joint ownership. The agreement shall be in writing. In the absence of an agreement or unclear agreement, the provisions of Articles 1062 and 1063 of this Law shall apply.

    The agreement made by the husband and wife on the property acquired during the marriage relationship and the pre marital property shall be legally binding on both parties.

    The husband and wife agree that the property acquired during the marriage relationship shall belong to each other. If the other party is aware of the agreement, the personal property of the husband or wife shall be used to pay off the debts.

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