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In this tutorial, attorney Michael Becker discusses cohabitation agreements in Nevada, which serve as contracts for unmarried couples living together, similar to prenuptial agreements. Key points include: 1) Cohabitation agreements can be created in writing, verbally, or through conduct, but it's recommended to formalize them in a documented contract for enforceability in court. 2) These agreements allow couples to establish their own property arrangements, whether as community property, separate property, or a combination of both. 3) A common term, "palimony," refers to financial support payments one partner may owe the other after a breakup. Couples can also include various provisions regarding their arrangements.