COHABITATION AGREEMENT
Between:
Name & Surname:
Identity Number:
Address:
Email:
[First Party]
and
Name & Surname:
Identity Number:
Address:
Email:
[Second Party]
2. PURPOSE
2.1 The parties are currently living together in a domestic partnership and
intend to continue living together in this arrangement;
2.2 The parties wish to define their respective proprietary rights and liabilities
arising from their domestic partnership arrangement;
2.3 The parties each acknowledge that they enter into this agreement
voluntarily, without any duress or undue influence, and that each has had
the opportunity to consult with an attorney of his/her choice;
2. MARITAL STATUS
The joint residency of the parties shall in no way render the parties married in any
way, whether by operation of common law or any other law.
3. THE AGREEMENT
3.1 This Agreement consists solely of the mutual promises contained herein
and the mutual promises of each party to act as the living companion and
partner to the other.
3.2 This Agreement fully contemplates and compensates any and all services
provided by either party for the benefit of the other during the course of
their joint residency. The furnishing of sexual services shall in no way be
construed as consideration for this Agreement.
4. DISCLOSURE OF CURRENT FINANCIAL STATUS
Each party has fully and completely, to the best of his/her knowledge, disclosed to
the other party his/her current financial condition including all assets and liabilities.
Each party has attached a balance sheet to this agreement indicating his/her
current assets and liabilities with the understanding that this balance sheet reflects
his/her current financial status to the best of his/her ability.
5. DIVISION OF LIVING EXPENSES
Necessary and jointly approved living expenses shall be divided between the
parties as below:
5.1 The 1st Party shall contribute an amount of R_____________ or pay a
percentage of (____%) per month towards the monthly expenses;
5.2 The 2nd Party shall contribute an amount of R_____________ or pay a
percentage of (____%) per month towards the monthly expenses;
5.3 The parties shall contribute their monthly pro rata contributions into the
joint savings/current account of the parties.
5.4 Any property purchased using funds in this account shall be considered to
be the joint property of the parties and owned according to the respective
party’s percentage of contribution as stated above. Either party may draw
upon this checking account.
6. SEPARATE PROPERTY
The following properties shall be kept by the parties as the separate property of
the recipient and the said properties shall not be subject to division at the
termination of this Agreement:
5.1 All and any property, real or personal, owned by a specific party at the date
of execution of this Agreement;
5.2 Individual gifts, bequests or inheritances acquired before or after the
execution of this Agreement;
5.3 Individual earnings, salary or wages acquired before or after the execution
of this Agreement;
5.4 All income or proceeds derived from the aforementioned properties.
6. COMMINGLING OF PROPERTY
All commingled property shall be presumed to be joint property of the parties
unless otherwise agreed.
7. JOINT PROPERTY
All property acquired by the parties after the date of execution of this Agreement
and before the termination of this Agreement and procured jointly with joint
resources and funds shall be considered joint property of the parties with each
party possessing his/her aforementioned percentage of ownership.
8. DIVISION OF PROPERTY UPON TERMINATION
Upon termination of this Agreement or termination of the joint residency, all jointly
owned property shall be divided among the parties according to their pro rata
share listed above. If the parties are unable to agree on the appropriate division
of joint property, they may appoint an independent and mutually agreed upon
Third-party to act as Appraiser. The Appraiser shall divide the property among the
parties according to his/her pro rata share.
9. DUTY OF GOOD FAITH AND CONFIDENTIALITY
9.1 This Agreement creates a fiduciary relationship between the parties in
which each party agrees to act with the utmost of good faith and fair
dealing toward the other in the management of their joint property and in
all other aspects of this Agreement.
9.2 Without obtaining a parties’ written consent in advance, a party shall not
directly or indirectly publish, or cause to be published, any diary, memoir,
letter, story, photograph, interview, article, essay, account, or description
or depiction of any kind whatsoever, whether fictionalised or not,
concerning the relationship or any other aspect of a parties’ personal,
business or financial affairs, or assist or provide information to others in
connection with the publication or dissemination of any such material or
excerpts thereof.
10. LEGAL NAMES OF PARTIES
Each party shall retain his/her legal name, including surname, as printed and
signed in this Agreement.
11. DURATION OF AGREEMENT
This Agreement shall become effective at the date of execution and shall remain
in effect until termination. Termination shall be effected by written notice by either
party, cessation of the joint residency by either party or death of either party. Either
party may terminate this Agreement unilaterally at any time.
12. DEATH OF PARTY
Upon the death of either party, the surviving party waives all rights to support by
the deceased party.
13. COMPLETE AGREEMENT
It is the intent of the parties that this Agreement be the full and complete
agreement between the parties regarding their joint residency. No variation of this
agreement shall be of force or effect unless reduced to writing and signed by both
parties.
14. SEVERABILITY OF PROVISIONS
Should any paragraph or provision of this Agreement be held invalid, void, or
otherwise unenforceable, it is the intent of the parties that the remaining portions
shall nevertheless continue in full force and effect without impairment.
15. GOVERNING LAW
This Agreement shall be governed by, interpreted and construed in accordance
with the laws of the Republic of South Africa.
DATED AT THIS THE DAY OF 2022.
As Witnesses:
1.
2.
FIRST PARTY
DATED AT THIS THE DAY OF 2022.
As Witnesses:
1.
2.
SECOND PARTY
DISCLAIMER
Although we have taken every care to ensure that this document is accurate and up to date with the law, it is important to remember that our law is
constantly evolving and changing. We therefore cannot guarantee that the information is without any errors or omissions. Our goal is to make the
law affordable and accessible to all South African’s, and we’ve made this contract template available to help you. We believe that it’s important to
always discuss legal matters with an attorney before making a decision or signing a document. Copyright Maurice Phillips Wisenberg:
www.divorceattorney.co.za