The Cohabitation Separation Agreement is essential for unmarried couples in England and Wales who are ending their cohabiting relationship. This document becomes particularly important as cohabiting couples lack the same legal protections as married couples under English law. The agreement covers crucial aspects such as property division, financial settlements, arrangements for children (if any), and the separation of shared assets and liabilities. It provides legal certainty and helps prevent future disputes by clearly documenting the terms of separation. The document should be drafted with careful consideration of property law, trust law, and contract law principles, as these form the legal framework for cohabitation matters in England and Wales.
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1. Parties: Details of the cohabiting partners entering into the agreement
2. Background: History of the relationship and current circumstances
3. Definitions: Key terms used throughout the agreement
4. Property Division: Agreement on division of shared property and assets
5. Financial Settlement: Terms of financial separation and settlements
6. Mutual Release: Release of future claims against each other
1. Children Arrangements: Details of custody, access, and maintenance arrangements when children are involved
2. Pets: Arrangements for shared pets including custody and care responsibilities
3. Business Interests: Division of shared business interests and ongoing management arrangements
4. Debt Division: Agreement on handling shared debts and financial liabilities
1. Schedule of Assets: Detailed list of all shared assets and their agreed division
2. Schedule of Properties: Details of all properties owned jointly or separately including beneficial interests
3. Financial Disclosure: Full financial disclosure from both parties including assets, income, and liabilities
4. Children's Schedule: Detailed arrangements for children including contact schedules and maintenance arrangements
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