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Entering into a cohabitation agreement is crucial for cohabiting couples as it allows them to set out their intentions regarding assets and what happens upon separation. While gravitation agreements may not be legally binding, a well-drafted document can provide full force of the law. With the number of cohabiting couples increasing, such agreements help prevent court disputes and animosity at the end of a relationship. There is no automatic right to assets in the event of separation, making a cohabitation agreement essential for clarity and peace of mind.