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Start NowMarriage is not for everyone, with many couples choosing cohabitation as an alternative to tying the knot.
As cohabitation becomes more prevalent in modern society, it is crucial to have an agreement set in place or even a 'Declaration of Trust'. This is because it can often be misconstrued that unmarried couples can rely on marriage laws during a dispute.
Cohabitation agreements are vital for unmarried couples. These agreements allow you to outline and establish your general living arrangements, as well as to clarify your intention and financial contribution to the legal ownership of property.
Without the proper evidence, your separation may become even more complicated. This is why cohabitation agreements can benefit couples, especially those who are renting and would like to regulate their finances.
Additionally, for those who are purchasing a property with unequal contributions, a Declaration of Trust is highly recommended. These declarations allow the purchaser to set out contributions to the property and whether or not you will share equity upon sale or separation.
We would always advise unmarried couples to consider a cohabitation agreement, no matter how far into your relationship you may be. This is incredibly useful in the unfortunate circumstance of separation, as you have a legal agreement to fall back on.
Our dedicated team of solicitors is always on hand to aid couples who believe a cohabitation agreement is the right path for them. There are two particular instances where an agreement should always be considered: if you are the sole owner of your property or if you and your partner own the property in both names. No matter the situation, we are here to help you.
