If you`re considering moving in with your partner, you may want to consider a cohabitation agreement. A cohabitation agreement is a legal document that outlines the terms and conditions of your living arrangement. It can cover financial matters, such as how bills will be paid, as well as issues related to property and responsibility.
Here`s a sample of what a cohabitation agreement might include:
1. Living arrangements – This section would outline the details of your living situation, such as who will be responsible for paying rent or mortgage, utilities, etc. It may also include information about how you`ll share common spaces like the kitchen or bathroom.
2. Finances – This section would detail how you`ll handle shared financial obligations, such as groceries, household supplies, and other expenses. It may also include information about how you`ll split the cost of larger purchases, like furniture or appliances.
3. Property – This section would outline how you`ll handle any assets that you bring into the relationship or acquire together while living together. For example, who will own any shared furniture or appliances, and how you`ll divide property if the relationship ends.
4. Responsibilities – This section would detail who is responsible for household tasks like cleaning or cooking. It may also include information about caring for pets or other shared responsibilities.
5. Termination – This section would outline how the agreement can be terminated. It may include information about how to resolve disputes or how you`ll handle the division of property if the relationship ends.
Remember, a cohabitation agreement is a legal document, so it`s important to consult with a lawyer to make sure that it`s legally binding and protects your interests. While it may seem unromantic to plan for the end of a relationship, it can save you a lot of heartache and legal trouble down the line.