Legal Cohabitation Agreement Template for Philippines

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Key Requirements PROMPT example:

Legal Cohabitation Agreement

"I need a Legal Cohabitation Agreement for a Philippine-based couple where one partner owns a successful business and significant pre-existing assets, while the other partner will be moving into their property in March 2025; the agreement should particularly focus on protecting business assets while ensuring fair arrangements for shared living expenses."

Document background
A Legal Cohabitation Agreement is essential for unmarried couples in the Philippines who choose to live together and want to establish clear legal parameters for their relationship. While Philippine law doesn't explicitly regulate cohabitation agreements, they are supported by provisions in the Family Code (particularly Article 147 on property relations) and the Civil Code's contract principles. This document becomes particularly important given the increasing prevalence of live-in relationships and the need to protect both parties' interests. The agreement typically covers property ownership, financial responsibilities, living arrangements, and separation procedures. It's especially relevant in the Philippine context where common-law marriages aren't recognized but property rights between cohabiting partners are acknowledged by law. Legal Cohabitation Agreements help prevent future disputes by clearly documenting the parties' intentions regarding their shared life and assets.
Suggested Sections

1. Parties: Identification and details of both parties entering into the cohabitation agreement

2. Background: Context of the relationship and purpose of entering into the agreement

3. Definitions: Clear definitions of key terms used throughout the agreement

4. Duration of Agreement: Specification of when the agreement takes effect and conditions for termination

5. Living Arrangements: Details of shared residence and living arrangements

6. Financial Arrangements: Management of shared expenses, individual financial responsibilities, and joint accounts

7. Property Rights: Division of property acquired before and during cohabitation, referring to Article 147 of the Family Code

8. Debts and Liabilities: Handling of existing and future debts, joint and individual liabilities

9. Dispute Resolution: Process for resolving disagreements and conflicts

10. Termination Provisions: Procedures and arrangements in case of relationship breakdown or death

11. Governing Law: Confirmation that the agreement is governed by Philippine law and relevant statutes

Optional Sections

1. Children and Dependents: Arrangements for existing children or future children, including financial responsibilities and living arrangements

2. Business Interests: Protection and management of business assets owned by either party

3. Healthcare Decisions: Authorization for medical decisions and healthcare responsibilities

4. Pets and Animals: Arrangements for pet ownership and care responsibilities

5. Religious and Cultural Practices: Agreements regarding religious observance and cultural practices

6. Inheritance Rights: Specific provisions for inheritance in case of death, beyond statutory rights

7. Insurance Arrangements: Agreements regarding life, health, and property insurance policies

8. Intellectual Property Rights: Protection of individual intellectual property created during cohabitation

Suggested Schedules

1. Schedule A - Property Inventory: Detailed list of all properties owned by each party prior to cohabitation

2. Schedule B - Joint Assets: Inventory of assets acquired or to be acquired jointly during cohabitation

3. Schedule C - Financial Disclosure: Complete financial disclosure from both parties including assets, liabilities, and income

4. Schedule D - Household Budget: Agreed monthly/annual budget and expense sharing arrangement

5. Schedule E - Debt Schedule: List of existing debts and liabilities of each party

6. Appendix 1 - Dispute Resolution Procedures: Detailed procedures for handling disputes, including mediation protocols

7. Appendix 2 - Property Division Guidelines: Specific guidelines for property division in case of separation

Authors

Alex Denne

Head of Growth (Open Source Law) @ Genie AI | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant Industries

Legal Services

Real Estate

Family Services

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Insurance

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Relevant Teams

Legal

Family Law

Private Client Services

Real Estate

Compliance

Document Processing

Client Relations

Advisory Services

Risk Management

Relevant Roles

Lawyer

Legal Counsel

Family Law Attorney

Paralegal

Legal Assistant

Notary Public

Real Estate Agent

Financial Advisor

Wealth Manager

Family Counselor

Social Worker

Property Manager

Insurance Agent

Estate Planner

Legal Document Specialist

Industries
Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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