Cohabitation Agreement (Northwest Territories)

Prepare a Cohabitation Agreement (also known as a Living Together Agreement) for the Northwest Territories, between a heterosexual couple who are planning to live together in a common law arrangement. 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. Provisions include:

• 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.

This Northwest Territories Cohabitation Agreement is in MS Word format, and is fully editable to meet your needs.