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Cohabitation Agreement

If you and your significant other are also roommates, a Cohabitation Agreement is a smart way for you both to protect yourselves and your assets when you live together. We'll make it simple to create a Cohabitation Agreement.

A Cohabitation Agreement should address ownership questions (who owns what, and what is owned jointly). It should also address what happens before or after one party moves out. The Cohabitation Agreement can also include household expenses and responsibilities, earnings, joint bank accounts, and ownership of property acquired by gift or through inheritance.

A Cohabitation Agreement can be an outline to a successful partnership. Through this contract, you and your partner can identify how your property and assets are owned. A common purpose for the Agreement is to protect you from your partner's debts.

Alternatively, because you are not married, your partner may be shut out from inheriting your property. Use the Agreement to ensure that your partner has a right to inherit your property, if you choose. This Cohabitation Agreement clarifies how you and your partner own and use the property in your relationship.

You can make your own Cohabitation Agreement online with Rocket Lawyer. All you need to do is answer a few questions and your customized document will be built for you. Here are some questions to consider before you start:

• What property is considered separate (not jointly owned) by you and your partner?
• Will a joint checking account be used to pay for shared expenses?
• Which of the following expenses will be shared by both parties?
• Where will this Agreement be signed?

You may start this document and realize you need more information in order to complete it. No problem! You can skip questions now and save your document for later.