Cohabitation Agreement Template
[Cohabitant2.FirstName][Cohabitant2.LastName]
Prepared for:
[Cohabitant1.FirstName][Cohabitant1.LastName]
[Cohabitant2.FirstName][Cohabitant2.LastName]
Prepared for:
[Cohabitant1.FirstName][Cohabitant1.LastName]
A cohabitation agreement is a legal agreement typically reached between a couple in a relationship who has decided to live together in the same residence. Cohabitation agreements can help clarify ongoing financial responsibilities and obligations between the parties and prevent disputes should the parties involved decide to stop living together.
The purpose of a cohabitation agreement is to protect the individual interests of an unmarried couple who decide to live together. It also helps to determine how each party’s assets should be considered and how ongoing responsibilities should be handled.
The key elements of a cohabitation agreement typically include what financial responsibilities each party shoulders, how property should be divided in the case of breakup or death, and what sort of financial support should be rendered during or after a relationship.
Yes, if a cohabitation agreement is built and completed correctly, they are enforceable in court. Of course, each court and state will vary in how they enforce cohabitation agreements, and each party should seek legal counsel before entering into a cohabitation agreement.
Cohabitation agreements do not expire unless specified in the agreement. Should the parties involved get married, the agreement can continue or apply as a marriage contract. The agreement will also end should either party decide to terminate the agreement or should either party die.
Disclaimer
Parties other than PandaDoc may provide products, services, recommendations, or views on PandaDoc’s site (“Third Party Materials”). PandaDoc is not responsible for examining or evaluating such Third Party Materials, and does not provide any warranties relating to the Third Party Materials. Links to such Third Party Materials are for your convenience and does not constitute an endorsement of such Third Party Materials.