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A cohabitation agreement in Nevada is a contract between unmarried couples living together, similar to a prenuptial agreement. It outlines how property will be divided if the couple separates. Here are three key points: 1) It is advisable to have the agreement notarized to avoid difficulties in enforcement. 2) Unmarried couples can choose any property arrangement they want, similar to married couples. 3) Cohabitation agreements can also include provisions for financial support payments (palimony) in the event of a breakup.
