The bill amends Minnesota Statutes 2024, section 513.075, to update the language regarding cohabitation contracts by replacing gender-specific terms with gender-neutral terminology. Specifically, it removes the phrase "a man and a woman" and replaces it with "the parties," thereby making the statute applicable to all individuals regardless of gender.
The revised statute maintains the existing requirements for the enforceability of contracts related to property and financial agreements between parties who intend to live together out of wedlock. These requirements stipulate that the contract must be written and signed by the parties involved, and enforcement can only be sought after the termination of the relationship.
Statutes affected: Introduction: 513.075