The importance of a cohabitation agreement

weblink advert2 anthony goodenSo many South African couples are under the impression that there is such a thing as a ”common law marriage”.

Couples living together may rent or even purchase a home together. Some share the bills and others may even buy furniture, a pet or a vehicle. Though not married, they live their lives together, not knowing that they don’t have the financial rights of a married couple.
Often breakups and deaths lead to sticky situations were loved ones get hurt arguing over ‘who gets what’ or their children’s visitation rights, arguments that can all be avoided.

Splitting up or death does not entitle you to half the house, pension or any other financial right. The truth is, there is no law in our country that regulates your rights in a cohabitation relationship. South Africa does not recognise your living arrangement, as an unmarried couple, as a legal relationship.

This is why it is so important to protect yourself and your partner by signing a cohabitation agreement.
Start your lives positively and reach an agreement during your relationship and sign a cohabitation agreement today!

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