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In Nevada, a cohabitation agreement is a formal contract between unmarried couples living together, similar to a prenuptial agreement, that outlines property division in case of a breakup. Here are three key points to consider: 1. Cohabitation agreements can be established in writing, verbally, or through actions, but it's strongly recommended to document them formally to ensure enforceability in court.2. These agreements allow couples to choose their desired property arrangement, whether as community property, separate property, or a hybrid of both.3. Palimony, which involves financial support payments from one partner to another post-breakup, is often included in these agreements along with other provisions.
