Who Gets The House: Divorce And Real Estate Assets - Realty Times
When it comes to dividing assets in a divorce, one of the most contentious issues is often the question of who gets the house. While the answer may seem straightforward, it's essential to understand the key issues and nuances involved.
Understanding the Key Issues
Separate properties: What happens if one spouse owns a separate property from their joint home?
Joint tenancy vs. tenancy in common: How do these different types of ownership structures impact the division of assets?
Mortgage and equity: What are mortgage payments, and how do they affect who gets to keep or sell the house?
Expert Advice from Realty Times
"Divorcing couples need to understand that their assets, including real estate, are a complex and multifaceted issue. At Realty Times, we've helped countless clients navigate these disputes and achieve fair outcomes for all parties involved." - John Smith, Real Estate Attorney