The Cohabitation Agreement outlines the mutual rights and responsibilities of two parties living together. It is designed to manage each party's income and property, both individually and jointly acquired during cohabitation. The agreement specifies the use of legal names, sharing of household expenses and chores, and details the conditions under which the agreement can be terminated. It also stipulates that each party's earnings remain their separate property while any jointly acquired asset is collectively owned. This document can be used as a legal framework for non-marital partners to define their financial and personal expectations, providing legal clarity and protection for both parties.