If you live with someone, you can choose to enter into a cohabitation agreement. A cohabitation agreement can be entered into with your partner, but also with a friend or family member with whom you share a home.
A cohabitation agreement sets forth the terms agreed upon by the parties. It may also include provisions that apply if the cohabitation (unfortunately) ends.
A cohabitation agreement can be drafted and signed by the parties themselves, but it can also be formalized through a notary. If you are taking out a mortgage, wish to assign pension rights, or want to arrange matters in advance in the event of the death of one of the partners, a cohabitation agreement drawn up by a notary is required.
It is important that a cohabitation agreement be properly drafted. Seek advice on which terms are relevant to your situation and should be included in the agreement to ensure your wishes are fully protected. It is better to seek advice in advance than to face surprises later on.
Feel free to contact one of our family law attorneys for a no-obligation consultation.