PLSC FAM M1 A2: Relationship Property Agreement Amendments Analysis
VerifiedAdded on 2023/01/03
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Practical Assignment
AI Summary
This assignment focuses on a case study involving Angela and Bob, who are undergoing a separation and need to amend their relationship property agreement. The student, acting as a legal professional, is tasked with redrafting the agreement to reflect the new terms agreed upon by the parties. These changes include the sale of the family home, division of the proceeds, retention of specific assets by each party (such as KiwiSaver, redundancy payments, and shares), and a lump-sum payment from Angela to Bob. The assignment requires the application of relevant New Zealand property law, specifically the Property (Relationships) Act 1976, to ensure a fair and just outcome. The student needs to consider factors such as the welfare of the children, economic disadvantages, and the overall fairness of the property division, and the legal steps involved in obtaining a favorable outcome. The agreement must be amended using track changes to show suggested modifications, along with comments to explain the drafting choices. The assignment emphasizes the importance of considering the parties' preferences, priorities, and objectives, as well as gathering relevant facts and documents to support the client's case. Furthermore, alternative dispute resolution methods are also considered, such as mediation and arbitration.
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