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 What are domestic contracts?

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outsourceseo
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PostSubject: What are domestic contracts?   Sun Feb 19, 2017 3:35 pm

Domestic contracts are legal agreements entered into by people wishing to set their own terms in their relationships with one another and include cohabitation agreements, marriage contracts and separation agreements.

To be legally binding, the contract must be in writing and signed by each person in the presence of a witness. The contract will not be enforceable if either party has coerced the other into signing or has failed to provide complete financial disclosure.

While it is hard to persuade someone in the early days of a relationship that they may need protection later, if the relationship goes bad, a good cohabitation agreement or marriage contract can be extremely important. It allows the people to set out how they wish to deal with one another both during and after their relationship.


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