Property Division Agreement Alberta Template – Canada

Disclaimer

The information provided here is intended solely for illustrative purposes regarding agreements concerning the division of property and assets within personal relationships in Alberta. It is not legal advice and should not replace consulting a qualified legal professional experienced in family law or property division. Laws and regulations may differ by jurisdiction, and adjustments may be necessary to ensure compliance locally. The use of this example is at your own risk, and no liability is assumed for any errors, omissions, or outcomes resulting from its use without professional guidance.

Please note: This is a sample Property Division Agreement template for Alberta, CA, intended for illustrative purposes only. Actual terms may vary based on specific agreements and applicable laws.

Property Division Agreement Sample – Alberta, CA

Parties Involved:

Party A: John Doe
Address: 123 Maple Street, Calgary, AB T2P 1E3

Party B: Jane Smith
Address: 456 Oak Avenue, Edmonton, AB T5K 0A1

Property Description:

The property subject to this agreement is located at 789 Pine Road, Calgary, AB T2P 2A3, including all related assets and interests as detailed herein.

Division Terms:

The parties agree to divide the property and associated interests as follows: Party A shall receive 60% of the property value, and Party B shall receive 40%, with equitable adjustments to be made as necessary.

Parties’ Responsibilities:

Both parties agree to cooperate fully in the transfer and settlement processes, ensuring all legal requirements under Alberta law are fulfilled.

Governing Law:

This agreement shall be governed by and construed in accordance with the laws of the Province of Alberta. Disputes shall be resolved within the courts of Calgary, Alberta.

Additional Provisions:

• All property disclosures and legal requirements shall be thoroughly addressed prior to finalization.
• Any amendments to this agreement must be in writing and signed by both parties.
• Parties agree to bear their own legal and assessment costs associated with the property division.

Calgary, ______________________