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A cohabitation agreement in Nevada, similar to a prenuptial agreement, outlines how property will be divided in the event of a breakup. It can be made verbally, in writing, or through conduct, but it is recommended to have it notarized for easier enforcement in court. Unmarried couples can choose any property arrangement they want, including community property, separate property, or a combination. Palimony, financial support payments in case of a breakup, can also be included in the agreement.