Why Have a Cohabitation Agreement?
A cohabitation agreement can set out how property, debts, support and shared expenses will be handled during the relationship or if the parties separate. Clear terms help reduce uncertainty and future conflict.
What the Agreement Can Cover
Partners may address ownership of existing and future property, division of assets and debts, spousal support, household expenses and other financial arrangements permitted by Ontario law.
Full Financial Disclosure
Each partner should provide complete and accurate information about income, assets, debts and significant liabilities. Proper disclosure supports informed decisions and enforceability.
Independent Legal Advice
Each partner should obtain independent legal advice from a different lawyer before signing. This helps confirm that both parties understand the agreement and enter it voluntarily.
Careful Drafting and Review
We draft and review cohabitation agreements in clear language, identify practical and legal risks and tailor the terms to the couple’s circumstances and intentions.
When to Start
It is best to prepare the agreement early, before major financial commitments or moving in together. Adequate time allows for disclosure, negotiation and independent advice.
Contact Zangeneh Law Firm at info@zangenehlaw.ca or 416-747-7234.
