A prenup is a prenup contract concluded by a couple before the marriage that governs what happens when and when the marriage is dissolved. Although prenutps are similar to cohabitation agreements in some respects, there are significant differences. A cohabitation agreement sets out each partner`s property rights if your relationship were to break down in the future. This means that you are both clear about who owns your assets and how your bills are paid. Currently, the only way for cohabiting couples to obtain legal protection in the event of separation is through marriage, marriage or the signing of a cohabitation contract. For your living contract to be valid, the following conditions must apply: If you enter into a cohabitation contract, you must seek legal advice before entering into a marriage or civil partnership. Unfortunately, this can be detrimental to couples who keep each of their assets and/or debts separated forever. Common things that a way of living together is supposed to address a way of living together include: If you, as a cohabitant, own a property together, the starting point is that when you separate as a roommate, it is shared 50/50, even if one of the partners has contributed much more to its purchase, unless you make a written agreement to declare different shares (for example. B, a joint tenancy).
There may be exceptions and you should seek legal advice. While each cohabitation contract is different and depends on your personal circumstances, there are a few key things to consider before seeking advice from a lawyer: no matter if you own the home or not, you can always apply for an occupancy arrangement that excludes your partner from the property. It is important to seek legal advice if you are a victim of domestic violence; family courts are able to offer urgent protection. .