Living Together Contracts - Cooling Off Clauses

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What is a Cooling Off Clause?

For as much as you may enjoy the company of your living partner, there are times when you are simply not getting along.  A cooling off clause is designed for just those times.  In the event that either or both parties is having problems coping with the relationship, cooling off clauses provide a written record of what types of action you have agreed upon to take should such a situation arise.

Why is a Cooling Off Clause Important in a Living Together Contract?

A cooling off clause is important in a living together contact because its acts as protection of the interests of both parties.  As opposed to having one party take off with all the valuables, cooling off clauses contractually bind one to a certain course of action.  These clauses give both parties to the contract piece of mind, a sense of security regarding the permanency of the relationship, and a sense of security regarding their belongings.

Writing a Cooling Off Clause

There is no set standard for cooling off clauses.  Ultimately, the choice will be up to you (and perhaps your lawyers) as to how you write a cooling off clause.  Different living partners have different ways of addressing different issues, but on the whole a few generalized approaches have worked: 

Are Cooling Off Clauses Enforceable against the Other Party?

The answer to this question depends on how the contract and more particularly the cooling off clause is written.  If the contract is very loose and does not pay attention to detail or standard contract form, then the clause is probably not enforceable.  On the other hand if the contract is detailed and written in proper form, then the clause may be enforceable. 

Do I Need a Lawyer to Help Me Write up My Cooling Off Clause?

Having a strong contract is important, and you will want someone experienced in writing contracts.  Paying the lawyer to help you in the end is always worth the price to have piece of mind.

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Last Modified: 09-13-2011 04:41 PM PDT

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