What This Cohabitation Agreement Template Covers

This cohabitation agreement template is designed for unmarried partners living together, allowing them to outline their rights and responsibilities clearly. It includes essential clauses such as Parties, Recitals, Property Ownership, Financial Obligations, Dispute Resolution, and Termination, ensuring that both partners have a mutual understanding of their legal rights and obligations.

When to Use a Cohabitation Contract

This cohabitation contract is particularly useful in several scenarios: when couples move in together and want to protect their individual assets, when they wish to establish clear financial obligations to avoid misunderstandings, or when they want to prepare for potential disputes by having a pre-defined resolution process. This template helps establish a solid foundation for couples navigating their legal rights for unmarried partners living together.

What's Included in This Cohabitation Agreement Template

• Parties: Clearly identifies both partners involved in the agreement.
• Recitals: Sets the context and purpose of the agreement, explaining the relationship and intentions of the partners.
• Property Ownership: Outlines how property will be owned and managed, ensuring clarity on shared and individual assets.
• Financial Obligations: Defines the financial responsibilities of each partner, including contributions to household expenses.
• Dispute Resolution: Provides a framework for resolving disagreements, which can include mediation or arbitration.
• Termination: Details the process for ending the agreement and the rights of each partner upon separation.

Key Provisions of the Cohabitation Agreement

• Property Ownership Agreement: This provision is crucial for protecting each partner's assets, especially if one partner owns a home or significant property.
• Financial Obligations Agreement: Clearly defining financial responsibilities helps prevent future conflicts over money and household expenses.
• Dispute Resolution: Establishing a method for resolving disputes can save both time and stress in the event of a disagreement.
• Termination Clause: This clause ensures that both partners are aware of the steps to take if they decide to part ways, which is vital for emotional and financial clarity.

Disclaimer: This template is for informational purposes only and does not constitute legal advice.