A cohabitation agreement is an agreement between partners who live together and want to ensure clarity both during the course of the relationship and in the event that it should break down in regards to their rights in relation to property and children.
Set out financial arrangements between you and your partner when you live together using this cohabitation agreement (also known as a 'no-nup'). This simple living together agreement protects your assets acquired before living together. It also specifies how living expenses will be distributed and how assets and debt acquired during cohabitation will be shared. Create this formal agreement so that in the event you do cease living together it is clear who owns what.