Cohabitation is the term used to describe an unmarried couple that lives together, either in a rented property or a purchased one. Couples choose to cohabit for a number of reasons - some economic, some personal. Ultimately, cohabitation comes with advantages and disadvantages just like marriage. Increasingly, couples are choosing to cohabit prior to marriage to test whether or not both parties are compatible as a couple when living under the same roof and sharing responsibilities.
However, before moving in together, it’s imperative that you and your partner are clear on a number of legal issues to avoid disputes arising in the future. While it may not be the conversation you want to have with your partner, it’s vital to safeguarding your assets and protecting your interests.