The Property Division Agreement Template – Canada is provided in multiple formats, including PDF, Word, and Google Docs. These templates are both customizable and ready to print, ensuring they perfectly suit your requirements.
Property Division Agreement Template – Canada Editable – PrintableSample
1. Parties Involved 2. Purpose of the Agreement 3. Property Description 4. Asset Division Terms 5. Liabilities and Debts 6. Spousal Support 7. Dispute Resolution 8. Governing Law 9. Signatures and Acceptance
PDF
WORD
Examples
[Party A’s Name]
[Party A’s Address]
[Party A’s Phone]
[Party A’s Email]
[Party B’s Name]
[Party B’s Address]
[Party B’s Phone]
[Party B’s Email]
This Property Division Agreement (“Agreement”) outlines the terms for the division of property between [Party A’s Name] and [Party B’s Name], effective as of [Effective Date].
For purposes of this Agreement, “Property” refers to all assets owned jointly by both parties, including real estate, personal possessions, and financial assets.
Both parties agree to provide a complete inventory of all Property in their possession, along with any associated valuations.
The Property shall be divided as follows: [Specify how each piece of Property shall be divided]. Each party retains the right to take any specified items as detailed in Exhibit A.
Both parties agree to assume responsibility for their respective debts and liabilities incurred before the signing of this Agreement.
In the event of a disagreement arising from this Agreement, both parties agree to attempt mediation before pursuing legal action.
This Agreement will be governed by the laws of the Province of [Specify Province], Canada.
[Party A’s Signature]
[Party A’s Name]
[Party B’s Signature]
[Party B’s Name]
[Party A’s Name]
[Party A’s Address]
[Party A’s Phone]
[Party A’s Email]
[Party B’s Name]
[Party B’s Address]
[Party B’s Phone]
[Party B’s Email]
This Agreement establishes mutual understanding and terms for dividing properties owned by [Party A’s Name] and [Party B’s Name], effective from [Effective Date].
The parties shall identify all shared properties, including [List properties], and all documents related to their ownership.
The parties agree to seek a neutral third-party appraiser to assess the value of the shared Property. Costs for valuation shall be shared equally.
Upon signing this Agreement, the transfer of ownership for specified properties shall occur as follows: [Detail ownership transfers].
Both parties agree to continue to maintain insurance on shared properties until the division is complete. Maintenance responsibilities are detailed in Exhibit B.
Each party shall be responsible for their own legal fees incurred in drafting and executing this Agreement.
This Agreement shall be governed by the legislation of the Province of [Specify Province], Canada.
[Party A’s Signature]
[Party A’s Name]
[Party B’s Signature]
[Party B’s Name]
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