Why Have a Cohabitation Agreement? Cohabitation Agreement Markham Ont. https://holamlaw.com/ Like marriage contracts, having a binding and enforceable cohabitation agreement is akin to having vehicle insurance. Just like car insurance may protect you in the event of an accident, a cohabitation agreement may protect or limit your financial risk or liability upon separation. This is because a cohabitation agreement generally sets out each party’s rights and obligations, such as how family and individual assets are to be divided, etc., in the event of a breakdown of your relationship. This is especially important if you are entering a second relationship with...
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