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In Nevada, a cohabitation agreement is a contract for unmarried couples living together, similar to a prenuptial agreement. Here are three key points to know: 1. Cohabitation agreements can be verbal, written, or based on conduct, but it's advisable to formalize them in writing to ensure enforceability in court. 2. These agreements allow couples to dictate their property arrangements, whether treating assets as community property, keeping everything separate, or a combination of both. 3. They may include "palimony" terms, where one partner agrees to provide financial support to the other in the event of a breakup. Couples can further customize the agreement to suit their needs.
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