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In Nevada, a cohabitation agreement is a contract for unmarried couples living together, similar to a prenuptial agreement, that outlines property division in case of a breakup. Here are three key points: 1) Cohabitation agreements can be established in writing, verbally, or through conduct, but it's recommended to formalize them in a written contract to ensure enforceability in court. 2) These agreements allow couples to determine their own property arrangements, whether as community property, separate property, or a mix of both. 3) A common provision includes "palimony," where one partner may provide financial support to the other after a breakup. Couples can also include other specific terms as needed.
