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In Nevada, a cohabitation agreement is a contract between unmarried couples living together, similar to a prenuptial agreement, outlining 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 is strongly recommended to document them in a formal contract to simplify enforcement in court.2. These agreements allow couples to specify their property arrangements, whether treating property as community property, keeping everything separate, or a combination of both.3. A common aspect of such agreements is "palimony," where one partner may provide financial support to the other following a breakup. Couples can also include various other provisions as needed.
