FAMI L YLAW
COHABI TATI ONAGREEMENTS Agui det oc ohabi t at i onagr eement s ,i nc l udi nghow t heyar e c r eat edandt hebenefit st heyc anoffer .
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WHATI SACOHABI TATI ON AGREEMENT? Ac ohabi t at i onagr eements er vest ooffer pr ot ec t i ont ounmar r i edc oupl eswhoc hoos e t ol i vet oget her .Thepr i mec ons i der at i onf or t heagr eementi st hes ec ur i t yoffinanc i al mat t er sandt heout l i ni ngofi ndi vi dual r es pons i bi l i t i es .Byc r eat i ngac ohabi t at i on agr eement ,c oupl esar ec ommi t t i ngt ot he s ec ur i t yofeac hot her ' sas s et sandfinanc es dur i ngt heexc i t i ngt i meofl i vi ngt oget her .
WHATSHOULDACOHABI TATI ON AGREEMENTCOVER? Thepr i mef oc usoft hec ohabi t at i on agr eementwi l lbei ndi vi dualfinanc es ,andas s uc h,t heagr eements houl ddet ai lwhoowns whatandwhohast hepr i mer es pons i bi l i t y f orpayi ngt hevar i ousc os t sas s oc i at edwi t h l i vi ngt oget her .Thi swoul di nc l udet hi ngs s uc hasr ent ,ut i l i t ybi l l s ,f oodc os t s ,r epai r s andi ns ur anc es . Wi t hr egar dst opos s es s i onsandas s et s ,t he agr eementwi l lc ons i derwhoownswhat i t emsorwhatper c ent ageofanyas s et sor
ARECOHABI TATI ONAGREEMENT LEGALLYENFORCEABLE? Thec ohabi t at i onagr eementi sadoc ument t hati sdr awnupbet weent hec ohabi t ant s andt obeenf or c eabl e,i tmus thavebeen c r eat edwi t ht hepur pos eofbei ngl egal l y bi ndi ng.As ol i c i t orwi l las s i s tyoui nc r eat i ng t hedoc umentandens ur i ngt hati ti swr i t t en asadeed,wi t hwi t nes s est oens ur et hati ti s l egal l ybi ndi ng.
pr oper t y.Thi smeanst hati nt heeventofa br eakup,eac hper s onr ec ei vest hei rf ai r ent i t l ement . Thec ohabi t at i onagr eements houl dnot nec es s ar i l yc onc er ni t s el fwi t hc ons i der at i ons r egar di ngbehavi ours uc hashous ewor kand manualt as ks .Thedoc umentpr edomi nant l y s er vest opr ot ec tfinanc i ali nves t ment s .
Readourf ul lgui deonc ohabi t at i onagr eement sat : ht t ps : / / www. l oc al s ol i c i t or s . c om/ f ami l ygui des / gui det oc ohabi t at i onagr eement s
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