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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