Arizona Divorce Settlement Agreement
This Divorce Settlement Agreement (“Agreement”) is made and entered into as of this ____ day of __________, 20__, by and between:
Party A: ______________________________________ (Name) residing at ______________________________________ (Address)
Party B: ______________________________________ (Name) residing at ______________________________________ (Address)
Both parties wish to settle their marital differences amicably and have reached an agreement in accordance with Arizona state laws related to divorce, specifically A.R.S. § 25-317. This Agreement reflects the understanding and intentions of both parties.
1. Marital Status
The parties acknowledge that they are married and desire to end their marriage. They agree to file for divorce in the appropriate court in Arizona.
2. Property Division
The following properties and debts shall be divided as follows:
- Real Property: ______________________________________ (Description of property) shall belong to Party A / Party B.
- Personal Property: ______________________________________ (Description of property) shall belong to Party A / Party B.
- Bank Accounts: ______________________________________ (Details of accounts) shall be divided as follows: ______________________________________.
- Debts: The following debts will be assumed by: ______________________________________.
3. Spousal Maintenance
The parties agree on the following terms regarding spousal maintenance:
Party A shall pay Party B a monthly sum of $_________ for a period of __________ months/years, starting from the date of this Agreement.
4. Child Custody and Support
If applicable, the parties have children and agree on the following custody and support arrangements:
- Children's Names: ______________________________________.
- Custody Arrangement: _________________________________ (Joint/sole custody arrangement).
- Child Support: $_________ per month, to be paid by Party A / Party B.
5. Final Agreement
Both parties agree that this document represents their entire understanding and agreement regarding the matters discussed herein. Any changes to this Agreement must be made in writing and signed by both parties.
6. Governing Law
This Agreement is governed by the laws of the State of Arizona.
IN WITNESS WHEREOF, the parties hereto have executed this Divorce Settlement Agreement as of the date first above written.
Party A Signature: ________________________________ Date: ________________
Party B Signature: ________________________________ Date: ________________