0
What else can I help you with?
Is a house considered joint marital property in TeXAS if one name was never put on the home loan papers or deed?
the mortgage would not valid
Is a house owned before marriage considered marital property in New York?
In New York, a house owned before marriage is generally considered separate property and not automatically classified as marital property. However, there are exceptions, such as if the non-owner spouse contributes to the property's value or mortgage payments during the marriage.
Is a house considered joint marital property in Tennessee if one name was never put on the home loan papers or deed?
No.Tennesse is not a community property state, therefore a married couple can hold real and personal property separate even if it is purchased during the marriage. Tennesse is an equitable state when it pertains to the dissolution of marriage which means the non owner would be awarded a portion of the value of property but not necessarily an even (50-50) division.Judges cannot supercede the law they can only administer it in the way in which it is written.
Is a house considered a tangible item pertaining to a will?
Tangible property in law is property that can be touched. A house would be tangible real property.
You own a house in Pennsylvania in your name only and you and your wife live in Arizona and you want a divorce can your wife claim the Pennsylvania house as community property?
Pennsylvania law would have jurisdiction over real property in that state and Pennsylvania is not a community property state. However, you should discuss this issue with an attorney considering that any property acquired during a marriage may be considered marital property and subject to the court's discretion. You may find that your Pennsylvania property is safe from the divorce proceeding.
If a house was purchased in Tennessee before the marriage with the title and mortgage in one name would the spouse be entitled to any of it?
Tennesse is an equitable distirbution state. That means that the property is divided fairly, not necessarily evenly. Technically property acquired before the marriage is separate property, but any value increase in the property during the time of marriage is considered marital property. The court has alot of room in dividing property.
Is a house considered joint marital property in West Virginia if only the husband's name is on the deed?
West Virginia is a separate property state. A husband or wife can hold solely owned property. If the property was acquired during the marriage a judge may take the property into consideration during the distribution of marital assets pursuant to a divorce. It depends on the situation.West Virginia is a separate property state. A husband or wife can hold solely owned property. If the property was acquired during the marriage a judge may take the property into consideration during the distribution of marital assets pursuant to a divorce. It depends on the situation.West Virginia is a separate property state. A husband or wife can hold solely owned property. If the property was acquired during the marriage a judge may take the property into consideration during the distribution of marital assets pursuant to a divorce. It depends on the situation.West Virginia is a separate property state. A husband or wife can hold solely owned property. If the property was acquired during the marriage a judge may take the property into consideration during the distribution of marital assets pursuant to a divorce. It depends on the situation.
Why should you add your spouse's name to the house title that is only in your name?
If you live in a separate property state that would mean your spouse wants to keep that property separate from you. If your spouse dies that property would not automatically pass to you. It would pass to the heirs at law or according to the will. It may also be considered separate property in the case of a divorce and the distribution of marital property.
What is a spousal waiver for when purchasing a home?
Buying a house together indicates that the house would be marital property. A waiver signed before purchase means that either spouse is relinquishes any claim to the property, should the marriage end.
When a house is bought and is only on the wife's name as a gift from her parents does the husband have any rights over the property after a divorce?
The answer depends on the details: when the house was purchased, whether it became marital property by virtue of the husband paying for improvements, taxes, repairs, maintenance, etc., state laws, whether you live in a community property or separate property state, etc. You need to consult with an attorney who specializes in family law in your jurisdiction.The answer depends on the details: when the house was purchased, whether it became marital property by virtue of the husband paying for improvements, taxes, repairs, maintenance, etc., state laws, whether you live in a community property or separate property state, etc. You need to consult with an attorney who specializes in family law in your jurisdiction.The answer depends on the details: when the house was purchased, whether it became marital property by virtue of the husband paying for improvements, taxes, repairs, maintenance, etc., state laws, whether you live in a community property or separate property state, etc. You need to consult with an attorney who specializes in family law in your jurisdiction.The answer depends on the details: when the house was purchased, whether it became marital property by virtue of the husband paying for improvements, taxes, repairs, maintenance, etc., state laws, whether you live in a community property or separate property state, etc. You need to consult with an attorney who specializes in family law in your jurisdiction.
If a mother and son own a house as tenants in common and the Mom paid for the down payment is the mothers initial investment considered as marital property in the sons divorce?
That factor can be negotiated and may be considered by the court if proof of Mom's down payment is entered as evidence. However, unless different proportions are recited in the acquisition deed, the grantees on a deed each acquire an equal interest in the property.
I paid off my house before I got married, now that I'm married if I take an equity loan does my property now become a marital asset?
The answer may vary depending on the laws of your specific state or country, but in general, taking an equity loan after marriage could result in the property becoming a marital asset. Even if the home was purchased before marriage and fully paid off, if the equity loan is taken out after marriage and both spouses are listed on the loan or the property title, it may be considered a joint marital asset. It's best to consult with a legal professional in your area who can advise you on the specific laws and regulations that apply to your situation.
