Cohabitation Agreements

A Cohabitation Agreement is a contract between two people who are planning to live with each other or are already doing so.

It sets out your intentions regarding the ownership and division of assets and joint purchases, as well as your responsibilities regarding upkeep, payment of bills and debts. They are commonly used by couples who are purchasing or renting a property together, but can also be prepared for friends and family members who decide to do the same.

A Cohabitation Agreement protects you both legally and will help to ensure that you share the same views about your roles and responsibilities, which is particularly important if you plan to have children together.

How can you protect yourself?

A Cohabitation Agreement is a legal contract between you and your partner which clarifies the ownership of shared property and assets, as well as specifying how they will be divided in the event of separation.

Nobody likes to think about the possibility of their relationship ending when they are at the exciting stage of moving in together, but taking this step ensures you are both on the same page and have realistic expectations about the contribution you will be making to your relationship. 

You can enter into, or update, a Cohabitation Agreement at any stage in your relationship, which can be especially important if you have or intend to have children.

What if there is no written agreement in place when you separate?

We are experienced in assisting unmarried clients where a relationship has broken down and there is a disagreement about how the assets should be divided.  If the dispute is in respect of a property then the Courts will apply trust and land law, even if you have been in a lengthy relationship.  In this situation, careful negotiation is required to reach a fair outcome for everyone.

Legal Advice

For further advice on cohabitation agreements or disputes, please contact Louise Allard or Sabrina Bailey on 020 7993 2936 or complete a contact form.

Filed Under: Insight

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