Cohabitation Agreement Template

WHEREAS the Parties have decided to reside together in non-marital cohabitation;

WHEREAS the Parties wish to establish through this Agreement the terms governing their relations concerning property, finances, and other common matters that may arise from their relationship;

NOW, THEREFORE, in consideration of the obligations outlined in this Agreement and other valuable considerations, the Parties have agreed as follows:

Relationship between the Parties. The Parties acknowledge and agree that this Agreement supersedes any confidential relationship that may arise during the cohabitation period and shall not impose any additional duties or obligations on the Parties.

Other mutual arrangements. Except for the benefits, rights, and obligations established by this Agreement or received in consideration for entering into this Agreement, and excluding actions taken to enforce this Agreement, each Party waives and forever releases the other Party from any and all rights, remedies, claims, demands, causes of action, and obligations, whether known or unknown, suspected or unsuspected.

Property of the Parties

Full disclosure of property. Both Parties additionally assert that they have fully disclosed their assets, liabilities, earnings, and benefits to enable the other Party to consider this information during the negotiation of this Agreement. Both Parties further represent that they are satisfied with the disclosure made by each Party. 

Separate property of each Party. Any property solely owned by either Party before the Effective Date, whether acquired through purchase, gift, inheritance, or any other means, shall remain the sole property of that Party. 

The earnings and property accumulations of the Party, including but not limited to the earnings and property accumulations resulting from either Party's personal services, skills, talents, or work during the period of cohabitation, shall be the exclusive property of that Party. 

All bank accounts opened individually shall belong to each Party separately. The joint bank account may be used for paying shared living and household expenses.

For the purpose of this Agreement, household expenses shall include but are not limited to:

The Parties agree that all household expenses shall be shared equally. 

Neither Party shall be liable for any incidental, special, direct, consequential, or punitive damages; for loss of profits, use, revenue, or data, or any and all business interruptions, regardless of the legal basis for such claims. Any damages or other liability, regardless of how they are caused, shall be subject to the limitation of liability set forth in this section to the maximum extent permitted by applicable law. 

The Parties hereby waive and relinquish all rights to maintenance, support, or any other rights or remedies, including but not limited to financial assistance for rehabilitation, in the event of termination of their relationship, regardless of which Party initiates the termination.

This Agreement enters into force from the Effective Date. 

This Agreement may be terminated with the mutual written consent of the Parties. 

However, if the Parties cease to cohabit, they may terminate this Agreement without written notice. 

This Agreement shall also be terminated as follows: 

• Unilaterally upon providing prior   days termination written notice sent by either Party to another;

• In the event of the death of either Party;

• If the Parties get married to each other, the Agreement shall be terminated on the date of their marriage;

• If either Party gets married to any third person, the Agreement shall be terminated on the date of their marriage. 

After termination of this Agreement, each Party shall take possession of their separate property. Any joint property shall be divided in accordance with terms of this Agreement and other subsequent written agreements between the Parties.

Upon receiving written notice of termination by either Party, the other Party agrees to move from the property in which the Parties are residing, but no later than   days from the date of such notice. 

Governing law and dispute resolution

This Agreement shall be governed by and construed in accordance with the laws of the State of  , except for its conflict of laws principles.

The Parties agree on the exclusive jurisdiction in the court of the State of  .

Severability

If and to the extent that any provision of this Agreement is held illegal, invalid, or unenforceable in whole or in part under applicable law, such provision or that portion thereof shall be ineffective as to the jurisdiction in which it is illegal, invalid, or unenforceable to the extent of its illegality, invalidity, or unenforceability. The illegality, invalidity, or unenforceability of such a provision in that jurisdiction shall not have any effect on the legality, validity, or enforceability of this Agreement in any other jurisdiction.

IN WITNESS WHEREOF, the Parties hereto have executed this Agreement as of the Effective Date. 

Parties' signatures 

Party 1

________________________

Party 2

________________________