Saskatchewan Acquisition Agreement for Jointly Acquired Asset

This Saskatchewan Acquisition Agreement for Jointly Acquired Asset sets out in writing how the asset will be dealt with if you and your spouse / partner break up.

• The Agreement can be used to cover all substantial assets you purchase together (such as a real estate property, vehicles, boats, etc.).
• Each partner is to pay half of the purchase price, but if a partner fails to make a payment, the other partner can make the payment and his/her interest in the property will be increased to reflect the amount of the payment.
• If the relationship breaks up and the parties are unable to come to an agreement regarding ownership of the asset, the partners agree to submit the matter to a mediator.

This Saskatchewan Acquisition Agreement for Jointly Acquired Asset is provided in MS Word format and can be easily edited to meet your needs.