British Columbia Cohabitation Agreement
If you and your partner live in B.C. and want to keep specific assets as separate property, you need to sign a Cohabitation Agreement in accordance with the British Columbia Family Law Act.
- Couples who decide to live together instead of getting married do so for a reason. The Family Law Act may offer you additional rights and protections in some regards, but it may also impact your rights regarding your own separate property.
- This Cohabitation Agreement allows you to specify which separate assets belong to which party, and which assets and property are jointly owned by both partners.
- You can decide what will happen to your jointly owned assets if and when you separate and the relationship ends.
- The two of you can also determine how your children will be raised, cared for and supported.
- You will need to meet with a lawyer so that each of you can obtain independent legal advice before signing the Agreement.
- Signing a Cohabitation Agreement is a wise move. Download yours today, and discuss it with your lawyer so you know how the Family Law Act affects you.
- This legal document is only to be used in the Province of British Columbia, Canada.