New Brunswick Cohabitation Agreement for Heterosexual Couple

Prepare a Cohabitation Agreement for New Brunswick with this template for a heterosexual couple in a common law marriage arrangement.

• A Cohabitation Agreement is also known as a Living Together Agreement.
• The intent of the Agreement is to establish the ownership of property between the parties, and set out the responsibilities of the parties with respect to children and support.
• Title to property and assets belonging to one of the parties prior to the cohabitation remains with that party.
• All property acquired during the relationship will be considered joint property unless the parties specify otherwise in writing, and will be divided equally between them if the parties separate.
• If the partners own a residence as tenants in common, each of them have a life estate in the property for as long as they reside in the property.
• Each party is responsible for his/her own debts and obligations.
• The partners will be jointly responsible for raising, supporting and caring for any children of the relationship.
• Each party waives any right to claim part of any inheritance left to the other party.