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In Nevada, a cohabitation agreement, akin to a prenuptial agreement, is a contract for unmarried couples living together, detailing property division upon separation. Here are three key points: 1) Although cohabitation agreements may be established verbally or through conduct, it is strongly recommended to document them in a formal contract to ensure enforceability in court. 2) Couples can customize their property arrangements, choosing between community property (the default for married couples), keeping their assets separate, or a mix of both. 3) The agreement may also include terms about palimony, where one partner may provide financial support to the other after a breakup, along with additional provisions as desired.
