More and more couples are buying property outside of marriage. This means that they do not have the protection offered under the Family Home Protection Act of 1976. Major financial upheaval for cohabiting couples can be caused if the relationship breaks up, with the question of what happens the family home topping the list of issues to be resolved.
A cohabitation agreement seeks to address key issues relating to the purchase of a property. It involves a side agreement, in addition to the purchase contract, that sets out what will happen if the relationship breaks down. For example, one partner may agree to buy the other?s share or they agree to sell and split the proceeds. Such an agreement covers all eventualities.
What is included?
The preparation of a detailed Cohabitation Agreement incorporating all of the primary areas of importance, written in plain English.
To arrange a fixed fee ?Cohabitation Agreement? contact
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