If the two people who live together are in a relationship and intend to marry or establish a life partnership, they should also consider a pre-marriage agreement. A cohabitation contract applies to unmarried persons as long as they live together, but only a marriage contract can affect the situation between two persons who have entered into a registered marriage or partnership. The most important element to include in a cohabitation agreement is the division of ownership between the two partners. While a couple is in love and buys real estate or cars together, they do not understand the importance of signing the sharing of these assets in the event of separation. A legal agreement on cohabitation should provide full details on the owners of real estate and other assets and how they are distributed between the two partners. The cohabitation of agreements very often has significant tax consequences for each person in the relationship. It is important to get competent legal and tax advice on all the issues you deal with. This condition will be added very often these days in a cohabitation agreement. It is important to understand that in the absence of a signed cohabitation agreement, they cannot seek government assistance or assistance in the event of separation. If this clause is added to the agreement, you may benefit from assistance or disability after separation. Signing an agreement may not be the highlight of your list if you decide to enter with your partner, but it can avoid a lot of emotional and financial turmoil if the relationship is angry. Although most cases are resolved in court, some parties decide to host a mediator and resolve their disputes outside the court. If a couple living together without marriage also wants help from the Ombudsman, they must include this clause in the cohabitation contract.
Couples who decide to live together do not have a legal obligation to sign a contract, but it is highly recommended. First of all, as a couple, you must understand that only time will decide whether you stay together or separate. Even if you are madly in love with each other, but you are not married, what happens if one of you dies? In order to protect the rights of each partner in the cohabitation situation, a cohabitation agreement is signed. Couples who live together are not business partners or roommates, but they are involved in a romantic way, which means there will be purchases and loans in their name. Maybe the couple also has a joint bank account or a common lease for a car. A legal document should therefore be signed to help them distribute assets and liabilities in the event of separation.