A Cohabitation Termination Agreement is a legal document that outlines the terms and conditions for the termination of a cohabitation relationship in Oklahoma. This agreement is typically utilized by couples who were living together but have decided to end their relationship and separate their lives. The purpose of this agreement is to establish a fair and equitable resolution to matters such as property division, debt allocation, spousal support, child custody, and visitation rights, if applicable. In Oklahoma, there are different types of Cohabitation Termination Agreements that can be tailored to meet the specific needs and circumstances of the couple involved. Some common types include: 1. Simple Cohabitation Termination Agreement: This type of agreement is suitable for couples who have no children together and have minimal assets and debts to divide. It outlines the mutual agreement of the parties to terminate their cohabitation and generally includes provisions for property division and financial obligations, if any. 2. Cohabitation Termination Agreement with Child Custody: This type of agreement is necessary when the couple has children together. It establishes a comprehensive plan for the custody, visitation, and support arrangements for the children, ensuring their well-being and providing a framework for co-parenting responsibilities. 3. Complex Cohabitation Termination Agreement: This type of agreement is suitable for couples with substantial assets, complex financial arrangements, or shared business interests. It addresses more intricate matters such as division of property, investment accounts, retirement benefits, intellectual property, or any other significant financial considerations. 4. Cohabitation Termination Agreement with Spousal Support: In cases where one party may have been financially dependent on the other during the cohabitation, this agreement type provides for the payment of spousal support or alimony. It specifies the duration and amount of support to ensure a fair and reasonable resolution. Regardless of the type, an Oklahoma Cohabitation Termination Agreement must comply with the laws and regulations of the state. It is advisable for couples seeking to enter into such an agreement to consult with an experienced family law attorney to ensure their rights and interests are protected.