NON-MARITAL COHABITATION AGREEMENT
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NON-MARITAL COHABITATION AGREEMENT
READ BEFORE SIGNING:
IMPORTANT NOTICE: EACH PARTY TO THIS AGREEMENT
AGREES THAT THEY HAVE HAD AN OPPORTUNITY TO CONSULT WITH AN
ATTORNEY OF THEIR CHOICE LICENSED TO PRACTICE LAW I N THEIR STATE OF
RESIDENCE (NOT THE SAME ATTORNEY) AND THAT EACH PAR TY HAS FULLY
READ, UNDERSTAND AND AGREE TO THE TERMS OF THIS AGR EEMENT. EACH
PARTY FURTHER AGREES THAT THEY ARE NOT ACTING UNDER DURESS OR UNDUE
INFLUENCE IN EXECUTING THIS AGREEMENT AND THAT EXEC UTION OF SAME IS
DONE FREELY AND VOLUNTARILY.
THIS AGREEMENT, made this ___ day of __________________ , 20 ____, between
___________________________, of __________________ _________ __________________ ,
("First Party”), and ___________________________ , of ___________________________ ,
__________________ , ("Second Party”),
WHEREAS, the parties now reside together or are in contemplation of establishing a
residence together; and
WHEREAS, the parties desire to execute this agreeme nt in contemplation of said
cohabitation, or in consideration of continued coha bitation; and
WHEREAS, the parties desire to enter into an agreem ent regarding certain properties,
responsibilities, duties and obligations including, but not limited to, any interest, present or future,
legal or equitable, vested or contingent, in real o r personal property, including income and earnings ;
and
WHEREAS, the parties have furnished each other with a financial statement which each
party acknowledges is a full and complete disclosur e of substantially all of the real and personal
property now owned by him or her. Each party ackno wledges that the values are an estimate by
him or her of the approximate present value thereof, a ll of which property is now and shall continue
to be separate properties of the respective parties , copies of said financial statements are attached
hereto as Exhibits “A” and “B” respectively; and
WHEREAS, the parties desire to express in writing t heir agreement that, except as
hereinafter specifically provided, their cohabitati on shall not in any way change their rights, or the
rights of their heirs (exclusive of the parties) or of their d evisees or legatees, in the real and personal
property owned or hereafter acquired by each of the parties and that said rights shall be governed by
the terms of this agreement.
NOW, THEREFORE, in consideration of the parties and of their mutual promises and
agreements, they agree one with the other as follow s:
1. Previously Owned Property: Except as otherwise provided herein, each of the
parties shall have full control of the property, re al, personal and mixed, wherever located, of the
other and shall have and hereby is given the right to lease, sell, convey, mortgage or otherwise
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dispose of the same and receive all monies, rents,
issues, income and profits thereof without any
restrictions whatever and without interference from t he other party. Further, both parties waive any
rights which may be established by cohabitation, except a s expressly provided for in this agreement.
Property acquired by either party prior to executio n of this agreement that shall hereafter be
considered property of both parties and therefore jo int property is as follows: .
2. Debts: The parties agree in reference to debts as follows:
(a) As to Debts of either party incurred prior to c ohabitation:
To be mutually responsible for said debts.
To be responsible for their individual debts only.
To jointly be responsible for only the following d ebts:
(b) As to debts incurred by the parties after coh abitation:
Such debts shall be the responsibility of the part incurring same.
Both parties shall be responsible for the debts of both parties. The debts shall be
considered joint.
The parties shall only be jointly responsible for joint debts and each party shall
be responsible for their own individual debts.
3. Wills:
The parties have each executed a Last Will and Test ament, copies of which are
attached hereto as Exhibits “C” and “D”. The parti es agree that these Wills are in conformity with
the provisions of this agreement and as considerati on for this agreement, each party does hereby
waive any and all objection to the terms of the sai d Last Will and Testament of the other and each
party agrees not to contest or renounce the terms o f thereof. Likewise, each party agrees not to
contest or renounce any future Wills or Codicils, w hich are in conformity with the terms of this
agreement.
The parties shall not change their existing Will, i f any, or make a new will at this
time, but any new Will executed shall be in conform ance with the provisions of this agreement.
4. Evidence of Agreement. The fact that either party (without being obligated to do
so) may give, devise or bequeath to the other party property or an interest therein, or otherwise
confer rights or powers on the other party, in trus t or by gift or will, shall not be construed as a
waiver of any provision hereof or as evidence that there is or was an agreement or understanding
between the parties other than as specifically expr essed herein.
5. Execution of Documents: Each party agrees, on behalf of himself or herself and of
his or her heirs, executors, administrators and assign s, that he, she or they, at the request of the other
party or the latter's heirs, executors, administrat ors and assigns (but at the cost of the other party or
his or her heirs, executors, administrators, and as signs), will make, do, execute, acknowledge and
deliver any and all such further or other acts, dee ds and instruments as shall be appropriate,
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necessary or desirable to carry in effect the intent
, purpose and provisions of this agreement without
question or delay, except that neither party shall be obliged to sign any mortgage, note, bond or
other instrument which may subject him or her, or h is or her estate and property, to personal
liability. 6. Property and Disposition of Property: Assets acquired by the parties during
cohabitation shall be acquired in the name or names of the pa rties who will own same. All personal
property located in the residence of the parties sh all be considered equally owned by the parties
except items owned prior to cohabitation, or items acquired by inheritance or gift to only one party.
Unless owned in both names all property shall be co nsidered the property of the party in whose
name the property is titled. In selling, assigning, g ranting, releasing, conveying or otherwise dealing
with the property of either party, the property of one party shall not be sold, assigned, released,
conveyed, or otherwise disposed of without the expr ess written consent of the property’s owner.
7. Expenses: The parties agree to share the following expenses as provided below.
“Both” means that the expenses will be shared equally.
First Party Second Party Both
Housing
Telephone
Residential Gas
Electricity
Cable
Internet
Groceries
Auto Payments (First Party)
Auto Payments (Second Party)
Health Insurance
Dental Insurance
Health Expense
Dental Expense
Other:
The parties shall be solely liable or accountable for the following expenses which they may incur or
be otherwise accountable for: Child support for any children not of this relationship, child care for
any child not of this relationship, magazine subscriptions, health club me mberships, food eaten
outside the residence when other cohabitant party is not present, food for an y third party, medical
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care for any third party, dental care for any third party, traffic fines
and costs, tax penalties and
liabilities, entertainment expenses for any third party, or entertainme nt expenses when both
cohabitants are not present, legal expenses, personal hygiene or personal care expenses including but
not limited to beauty shops, barbershops, health spas, nail care salons, pri vate nursing care, personal
trainers, therapists, gambling expenses, alcoholic beverages, tobacco pr oducts, toiletry ite ms,
vacation expenses when other cohabitant is not present, any expense of gue st of other cohabitant, any
travel expense including but not limited to travel tickets, motel s, hotels, rental cars, charge upon any
credit card, bank loans not jointly signed, gifts, or tips for any expendit ure, care, maintenance or
entertainment for any friend or relative. 8. Bank Accounts: The parties agree to the following: (Check all that apply).
The parties shall deposit earnings and other funds in joint checking and/or
savings accounts, for disposition at will by either party.
Each party shall retain his or her own earnings and other funds in his or
her own individual savings, checking, or other account, for disposition at will, e xcept for funds
needed for household expenses, if so indicated in this agreement.
The parties shall maintain a joint checking account for household expenses
such as rent, food, household supplies, and utilities. The parties shall contr ibute to this account
the amounts necessary to cover the household expenses.
9. Health Insurance. Both parties hereby agree that:
Both parties will make every reasonable effort to include the other party on
any health insurance that might be provided by an employer, equally dividi ng the cost of said
health insurance.
The parties will be individually responsible for their own health insurance.
10. Life Insurance. The parties agree that:
The parties will make every reasonable effort to name each other as the
beneficiary of any life insurance policies held.
The parties will not name each other as beneficiaries for any lif e insurance
policies held.
11. Health Care Decisions. The parties agree that:
Each party shall execute a durable power of attorney for the purposes of
health care decisions in favor of the other party.
The parties will not be entitled to make health care decisions for one
another.
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12.
Post-Cohabitation Support: Re gardless of the length of the period of cohabitation,
neither party hereto shall be entitled to any claim for maintenance, alimony, palimony or any other
payment based on a claim that the cohabitation inferred, granted, creat ed, or inferred that said right or
claim would be created by said cohabitation, except as provided herein. Further both of the parties
hereto, hereby agree to indemnity and hold harmless, the other party from any such claim, and aga inst
any court costs or attorney fees associated with any claim in contravention of t his agreement.
The parties agree that in the event of the dissolut ion of the relationship and the termination
of cohabitation:
Neither party shall have any obligation to support the other party, eithe r
during the relationship or in the event that the relationship terminates.
The parties agree that in the event of a separation and an end to cohabi tation
of the parties, shall pay to , the amount of $ per month for a period of
months.
13. Post-Cohabitation Provisions: The parties further agree that in the event of
separation and the end of cohabitation, the followi ng additional provisions shall apply
notwithstanding the other provisions of this agreem ent: (Check any that apply).
, shall be entitled to receive the follo wing property: .
, shall be entitled to receive the following property: .
The following property shall be sold and the procee ds, less expenses divided
equally between the parties: [none or list property ]: .
14. Controlling Law: This agreement shall be controlled, construed and g iven
effect by and under the laws of the State of Illino is. It is the intent of the parties that the
Agreement be enforced to the fullest extent permiss ible under applicable laws and public policies.
The invalidity, illegality, or unenforceability of any particular provision of this Agreement shall not
affect the other provisions, and this Agreement sha ll be construed in all respects as if such invalid,
illegal, or unenforceable provision had been omitte d.
15. Entire Agreement: This Agreement constitutes the entire agreement be tween the
parties pertaining to its subject matter and it sup ersedes all prior contemporaneous agreements,
representations and understandings of the parties. No supplement, modification or amendment of
this Agreement shall be binding unless executed in writing by all parties.
16. Waiver: No waiver of any provision of this Agreement shall be deemed, or
shall constitute, a waiver of any other provision, whether or not similar, nor shall any waiver
constitute a continuing waiver. No waiver shall be binding unless executed in writing by the party
making the waiver.
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17.
Binding Effect: This Agreement shall be binding upon the parties h ereto and
upon their respective executors, administrators, le gal representatives, successors, and assigns.
18. Amendment: This agreement may only be amended or revoked by w ritten
amendment signed by both parties. 19. Representation: Each party further agrees and affirms as follows:
(a) That the party did execute the agreement volun tarily; and
(b) That this agreement is not unconscionable when it was executed; and
(c) Both parties were provided prior to execution of thi s agreement a fair and reasonable
disclosure of the property or financial obligations of the other party;
(d) Both parties had the opportunity to consult with co unsel prior to executing this
document.
20. Marriage: The parties make no promise, contract or agreement, one to another,
that this cohabitation will result in marriage.
21. Children: Any rights and obligations of the parties relating to children of the
parties, if any, shall be governed by separate agreement and the laws of the Stat e of Illinois.
IN WITNESS WHEREFORE, the parties hereby execute t his agreement in several
counterparts, any executed copy of which shall be c onsidered for all purposes as an original, on the
day and year above written.
___________________________________
FIRST PARTY
____________________________________
SECOND PARTY
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STATE OF ______________________
COUNTY OF ___________________
The foregoing instrument was acknowledged before me this _______________ (date), by
_____________________________ (name of person acknowledging).
In Witness Whereof, I have hereunto set my hand and seal the day and year before written.
Notary Public
_____________________________
Printed Name
My Commission Expires: ____________
STATE OF ______________________
COUNTY OF ___________________
The foregoing instrument was acknowledged before me this _______________ (date), by
_____________________________ (name of person acknowledging).
In Witness Whereof, I have hereunto set my hand and seal the day and year before written.
Notary Public
_____________________________
Printed Name
My Commission Expires: ____________
Financial Statement page - 8 - Initials: ________
Exhibit “A”
PERSONAL FINANCIAL DISCLOSURE STATEMENT
******************************************************
To: Date:
Individual Information
Name:
Address:
City: State: Zip
Occupation:
Phone:
Current Assets Current Liabilities
Cash on Hand or in Banks Notes Payable (Secured)(Schedule F)
Other Cash: Notes Payable (Unsecured)(Schedule G)
Real Estate (other than residence Schedule A) Real Estate Mortgages Payable (Schedule H)
Residence Auto Loans (Schedule I)
Motor Vehicles (Schedule B) Unpaid Taxes and Interest
US Government Securities (Schedule C) Due to Brokers
Non-Marketable Securities (Schedule D) Open Accounts
Stocks (Schedule E) Credit Cards (List):
Other Personal Property
Life Insurance Cash Value
Business Interests
Notes Receivable
Other Assets: Other:
Total Liabilities
TOTAL OF ALL ASSETS
LESS TOTAL OF ALL LIABILITIES
Total Assets NET WORTH
Individual Income Information (Annual)
Salary
Bonus
Commissions
Dividends
Rental Income
Other Income (List):
Total Income
Contingent Liabilities Contingent Liabilities
Guarantor, Co-maker Guarantor or Co -Maker
Lease or Contracts Lease or Contracts
Legal Claims Legal Claims
Other: Other:
Financial Statement page - 2 - Initials: ________
SCHEDULE “A” REAL ESTATE
Description of Real Estate Cost Market Value Date Acquired
$ $
$ $
$ $
$ $
$ $
$ $
SCHEDULE “B” MOTOR VEHICLES
Description of Motor Vehicles Cost Value
$ $
$ $
$ $
$ $
$ $
$ $
SCHEDULE “C” U.S. GOVERNMENT SECURITIES
Description of Stock or Bond Date Acquired Par Value Market Value
$ $
$ $
$ $
$ $
$ $
$ $
SCHEDULE “D” NON MARKETABLE SECURITIES
Description Date Acquired Par Value Market Value
$ $
$ $
$ $
$ $
$ $
$ $
$ $
$ $
SCHEDULE “E” STOCKS
Company Shares Date Acquired Par Value Market Value
$ $
$ $
$ $
$ $
$ $
$ $
$ $
$ $
SCHEDULE “F” NOTES PAYABLE SECURED
Description Date Balance Payment (m/yr)
$
$
$
$
$
SCHEDULE “G” NOTES PAYABLE UNSECURED
Description Date Balance Payment (m/yr)
$
$
$
$
$
$
SCHEDULE “H” REAL ESTATE MORTGAGES
Description Date Balance Payment (m/yr)
$
$
$
$
$
$
SCHEDULE “I” AUTO LOANS
Description Date Balance Payment (m/yr)
$
$
$
$
$
$
We/I Certify this Statement to be true and correct as of the date indicated:
_________________________________
Signature
Financial Statement page - 4 - Initials: ________
Exhibit “B”
PERSONAL FINANCIAL DISCLOSURE STATEMENT
******************************************************
To: Date:
Individual Information
Name:
Address:
City: State: Zip
Occupation:
Phone:
Current Assets Current Liabilities
Cash on Hand or in Banks Notes Payable (Secured)(Schedule F)
Other Cash: Notes Payable (Unsecured)(Schedule G)
Real Estate (other than residence Schedule A) Real Estate Mortgages Payable (Schedule H)
Residence Auto Loans (Schedule I)
Motor Vehicles (Schedule B) Unpaid Taxes and Interest
US Government Securities (Schedule C) Due to Brokers
Non-Marketable Securities (Schedule D) Open Accounts
Stocks (Schedule E) Credit Cards (List):
Other Personal Property
Life Insurance Cash Value
Business Interests
Notes Receivable
Other Assets: Other:
Total Liabilities
TOTAL OF ALL ASSETS
LESS TOTAL OF ALL LIABILITIES
Total Assets NET WORTH
Individual Income Information (Annual)
Salary
Bonus
Commissions
Dividends
Rental Income
Other Income (List):
Total Income
Contingent Liabilities Contingent Liabilities
Guarantor, Co-maker Guarantor or Co -Maker
Lease or Contracts Lease or Contracts
Legal Claims Legal Claims
Other: Other:
Financial Statement page - 2 - Initials: ________
SCHEDULE “A” REAL ESTATE
Description of Real Estate Cost Market Value Date Acquired
$ $
$ $
$ $
$ $
$ $
$ $
SCHEDULE “B” MOTOR VEHICLES
Description of Motor Vehicles Cost Value
$ $
$ $
$ $
$ $
$ $
$ $
SCHEDULE “C” U.S. GOVERNMENT SECURITIES
Description of Stock or Bond Date Acquired Par Value Market Value
$ $
$ $
$ $
$ $
$ $
$ $
SCHEDULE “D” NON MARKETABLE SECURITIES
Description Date Acquired Par Value Market Value
$ $
$ $
$ $
$ $
$ $
$ $
$ $
$ $
SCHEDULE “E” STOCKS
Company Shares Date Acquired Par Value Market Value
$ $
$ $
$ $
$ $
$ $
$ $
$ $
$ $
Financial Statement page - 3 - Initials: ________
SCHEDULE “F” NOTES PAYABLE SECURED
Description Date Balance Payment (m/yr)
$
$
$
$
$
SCHEDULE “G” NOTES PAYABLE UNSECURED
Description Date Balance Payment (m/yr)
$
$
$
$
$
$
SCHEDULE “H” REAL ESTATE MORTGAGES
Description Date Balance Payment (m/yr)
$
$
$
$
$
$
SCHEDULE “I” AUTO LOANS
Description Date Balance Payment (m/yr)
$
$
$
$
$
$
We/I Certify this Statement to be true and correct as of the date indicated:
_________________________________
Signature