In this day and age lots of unmarried couples are opting to live mutually without any intent of getting hitched. Several problems may arise in the future after the couples start living together. Nevertheless, it is recommended that the couples do their share of homework and go through proper legal and official arrangements. Legal laws permit both partners to guard his or her concerns and can pose him or herself to acquire almost similar legal rights as that of married couples.A new law known as a cohabitation contract is applicable for non-married couples. This is a written bond which includes two persons before they start living together. This bond specifically focuses on couples who do not wish to get married for few years or not at all. This bond is alike the pre-marital contract, the only difference being that it doesn’t include couple who wish to get married, but is meant for couple who are determined to live together without getting legally married.A cohabitation contract can deal with a variety of economic and possessions matters that may take place during their stay together or if they face any disputes their stay. Such bonds help couples during their hard times and may help in relieving the pressure and concerns that repeatedly take place when the association concludes.This contract typically offers the right to the couples that after the relationship ends, their shared assets and possessions will be divided equally among both the partners. This enables each partner to regain and keep hold of their individual possessions as the bond gets terminated.