What is a Cohabitation Agreement? Is it useful in Ontario?

cohabitation agreement Ontario
  • Family law draws a distinction between a common-law relationship and a formal marriage.

  • Common-law partners do not enjoy as much protection as married couples do under the law.

  • A cohabitation agreement is a contract that is usually made between partners in a common-law relationship.

  • You may be responsible for the debts of your partner.

  • If the parties wish to share assets and debts, then they can exercise their intentions in a cohabitation agreement to that effect.

  • Use a cohabitation agreement to determine how their property will be treated in the event of separation.

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About the Author:
Ken Maynard CDFA, Acc.FM

I assist intelligent and successful couples in crafting rapid, custom separation agreements that pave the way for a smooth transition towards a secure future. This efficient process is achieved in about four meetings, effectively sidestepping the excessive conflicts, confusion, and costs commonly linked to legal proceedings. Clients have the flexibility to collaborate with me either via video conference or in-person through a DTSW associate at any of our six Greater Toronto mediation centers, located in Aurora, Barrie, North York, Vaughan, Mississauga, and Scarborough.

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