Cohabitation Agreement Template . Accordingly, the Parties desire that the distribution of any property that either or both of them may own will be governed by the terms of this Agreement and, insofar as the statutory or case law permits, intend that any statutes that may apply to them, either by virtue of Federal or State legislation, will not apply to them. Each Party has retained their own lawyer and has received independent legal advice regarding the terms of this Agreement. Prepare a cohabitation agreement with using our simple step-by-interview from Rocket Lawyer. Use our template no-nup agreement form to protect yourselves and your assets when you live together. Try this free living together. Sample Cohabitation Agreement. To share in the increase in value during the period of cohabitation of the separate property of the parties. To share in the pension. Get A Free Consultation. NONMARITAL COHABITATION / LIVING TOGETHER AGREEMENT Instant Download - Only $. About this Agreement: This free legal form is intended for use by nonmarried couples who are living together and who wish to provide a plan. NONMARITAL COHABITATION / LIVING TOGETHER AGREEMENT. This is a sample cohabitation agreement also known as a living together agreement. Contract Template and Sample. Drawing an agreement for personal purpose is one of the best way to protect yourselves and your assets, especially when you live together. In this case, a Cohabitation Agreement is a perfect ans simple contract for your. Create Cohabitation Agreement in less than 5 minutes. A cohabitation agreement is a contract between two parties that will be living together. A cohabitation agreement template is a good idea for any couple. The Parties acknowledge that neither is under any duress or undue influence of the other, and that they are voluntarily entering into this Agreement. The Parties have disclosed to the satisfaction of each of them all assets and liabilities that each may have. NOW THEREFORE in consideration of the upcoming cohabitation arrangement, and in consideration of the mutual promises and covenants contained in this Agreement, the Parties agree as follows: PROPERTYThe Parties acknowledge that with respect to any determination of ownership of property that may occur in the event of the Parties separating, or upon the death of a Party, all property will be treated as property owned solely by either one of the Parties (the . They each waive any rights they may have to proceed against the other under any law or statute for payments of alimony or support and rely upon the law of contract to govern in respect of this issue. The Parties realize that their respective financial circumstances may be altered in the future by changes in their health, the cost of living, their employment, their marital status, the breakdown of their relationship, or otherwise. No such changes will give either Party the right to seek support under any legislation, Federal or State. It is understood by each Party that this Agreement represents a final disposition of all maintenance and support issues between them. ESTATES AND TESTAMENTARY DISPOSITIONExcept as provided herein, the Parties acknowledge that each has the absolute right to dispose of his or her estate by will without leaving any portion to the other, or to the heirs, executors, administrators, or assigns of the other. The Parties waive and release the other from any and all rights of every kind, nature, and description that each may acquire as spouse or surviving spouse in the property, assets, or estate of the other. Nothing in this Agreement will invalidate or prevent either Party from naming the other as a beneficiary by will or other testamentary disposition. SEVERABILITYShould any portion of this Agreement be held by a court of law to be invalid, unenforceable, or void, such holding will not have the effect of invalidating or voiding the remainder of this Agreement, and the Parties agree that the portion so held to be invalid, unenforceable, or void, will be deemed amended, reduced in scope, or otherwise stricken only to the extent required for purposes of validity and enforcement in the jurisdiction of such holding. INTENTION OF THE PARTIESNotwithstanding that the Parties acknowledge and agree that their circumstances at the execution of this Agreement may change for many reasons, including but without limiting the generality of the foregoing, the passage of years, it is nonetheless their intention to be bound strictly by the terms of this Agreement at all times. DUTY OF GOOD FAITHThis Agreement creates a fiduciary relationship between the Parties in which each Party agrees to act with the utmost of good faith and fair dealing toward the other in all aspects of this Agreement. FURTHER DOCUMENTATIONThe Parties agree to provide and execute such further documentation as may be reasonably required to give full force and effect to each term of this Agreement. TITLE/HEADINGSThe headings of this Agreement form no part of it, and will be deemed to have been inserted for convenience only. ENUREMENTThis Agreement will be binding upon and will enure to the benefit of the Parties, their respective heirs, executors, administrators, and assigns. GOVERNING LAWThe laws of the State of Alabama will govern the interpretation of this Agreement, and the status, ownership, and division of property between the Parties wherever either or both of them may from time to time reside. TERMINATION OR AMENDMENTThis Agreement may only be terminated or amended by the Parties in writing signed by both of them. IN WITNESS WHEREOF the Parties have hereunto set their hands and seals on the 1. October 2. 01. 6.
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