Louwrens Koen Attorneys offers a comprehensive co-habitation contract service, which service, inter alia includes:
The cost of drafting and consultation to signature before notary costs R950.00.
Parties living together should think carefully before buying property together. It is advisable that they agree beforehand what should happen when the relationship does not work out e.g:
Who will live in the property? . What will happen to income derived from the property? Sale or lease of the property? Division of profit or loss.
The position becomes especially difficult where the property is only registered in one of party's name. The other party will contribute to the expenses of the property but will derive no benefit from the property if the relationship dissolves. Contrary to popular opinion there is no such thing as a "common law marriage" and an Universal Partnership is extremely difficult and costly to prove. We advise that in the event couples decide to buy property together they enter into a cohabitation agreement setting out the terms and conditions should the relationship dissolve. Contact Us for further information.
Louwrens Koen Attorneys, Conveyancers and Notaries is a dynamic lawfirm, which believes that all clients must enjoy quality and cost effective service through the use of electronic media technology. We have a modern outlook on life and have modern solutions for today's problems and needs without compromising on traditional values.
Louwrens Koen was admitted as an Attorney in 1995 after completing his Blc LLb degrees from the University of Pretoria. He is also an admitted Conveyancer, Notary Public and University Guest Lecturer.