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Does my wife have rights to my house that I owned before the marriage and refinanced during the marriage in my name only?
Wiki User
∙ 14y ago
Generally speaking, the property you own prior to marriage is yours and goes with you when you leave the marriage. Even though you refinanced in your name only, did your wife make any contributions to the property, like care and maintenance, painting or redecorating? Did you have a joint checking account? If you both put money into that account, you can't necessarily say that it was only YOUR money that went for the mortgage, and only her money that bought the groceries. You both shared the responsibilities for that property along with your other obligations including utility bills, etc. The value of your house has (I assume) increased during the course of your marriage and your wife may be entitled to a percentage of that capital gain, which you would have to pay her from your share of the marital assets to buy out her interest in the house. Check with your attorney and the specific laws of your state so you know what you may be up against, and can prepare for it.
Wiki User
∙ 14y ago
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