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WHEREAS the parties are presently residing with each other at Your Street, Your City,
Your St/Prov Postal Code, have been doing so since January __, 2010 and intend to
continue living together in this arrangement. The residence and it’s contents are the sole
property of Owners Name Here and was purchased prior to signing of this agreement.
WHEREAS the parties desire to affix and define their respective property rights and
liabilities arising from their joint residency;
WHEREAS they each have had an opportunity to consult with separate counsel of their
own choice;
WHEREAS the parties each acknowledge that they enter into this agreement voluntarily,
without any duress or undue influence, and that each has had the opportunity to consult
with counsel of his/her choice;
1. Marital Status. The joint residency of the parties shall in no way render the parties
married, by operation of common law or any other operation of law.
3. Disclosure of Current Financial Status. Each party has agreed to keep their
financial information confidential and further agree that all their assets and liabilities at
the time of signing, are each party’s responsibility and will not be commingled with the
other party. Any property owned before or during the co-habitation, will remain the sole
property of the party named on the property title and the upkeep and maintenance of that
property will be the sole responsibility of that party.
4. Separate Finances. Each party shall maintain separate banking accounts, and
neither party shall have the right to the proceeds of or access to the same. Each party
waives any claim to palimony or other claim for support resulting from said joint residency
and agrees to not lay claim on present or future savings, support, maintenance,
retirement savings or accrued pensions.
5. Separate Property. The parties shall keep the following properties as the separate
property of the recipient and said properties shall not be subject to division at the
termination of this Agreement:
(a) Individual earnings, salary, wages, pension or benefits acquired before or after
the execution of this Agreement;
(b) Individual gifts, bequests, devises or inheritances acquired before or after the
execution of this Agreement:
(c) All property, real or personal, increase in value during the period of
cohabitation owned by a party at the date of execution of this Agreement;
(d) All income or proceeds derived from the aforementioned properties.
(e) To make any other claims based on the period of cohabitation of the parties.
(f) Any judgment entered against one party in the favor of the other;
provided however, that should either party voluntarily and freely make a devise or
other bequest to the other in their will, the recipient shall be entitled to the same.
6. Joint Property. The parties agree not to enter into any joint property ownership
where both parties are named on a property title. Each party will provide their own funds
to purchase and maintain and current or future properties from the execution date of this
Agreement.
9. Duty of Good Faith. This Agreement creates a fiduciary relationship between the
parties in which each party agrees to act with the utmost of good faith and fair dealing
toward the other in the management of their joint property and in all other aspects of this
Agreement.
10. Legal Names of Parties. Each party shall retain his/her legal name, including
surname, as printed and signed in this Agreement.
11. Duration of Agreement. This Agreement shall become effective at the date of
execution and shall remain in effect until termination. Termination shall be effected by
written notice by either party, cessation of the joint residency by either party or death of
either party. Either party may terminate this Agreement unilaterally at any time.
12. Death of Party. Upon the death of either party, the surviving party waives all rights to
support or share in each other’s estate by the deceased party except as stated in their
separate wills.
13. Complete Agreement. It is the intent of the parties that this Agreement be the full
and complete agreement between the parties regarding their joint residency. There are
no other agreements between the parties regarding their joint residency other than those
stated herein. This Agreement shall only be modified by a writing executed by both
parties hereto.
15. Governing Law. This Agreement shall be governed by, interpreted and construed in
accordance with the laws of the Province of British Columbia.
IN WITNESS WHEREOF , the parties have hereunto set his/her hand and seal at the
City of _________________ , in the Province of British Columbia, on the ___ day of
January, 2010.
Make 4 copies: 1 for each partner and each witness. If ether party refuses to sign … DO NOT move in together.
(e. & o. e.)