This book will focus on the rights each spouse has under certain laws, situations, and circumstances, and how the division of the property will be decided by the court or through negotiation.
I am starting the divorce process and I have a condo which is in my name. My husbands name is not on the title or the mortgage. The money that I put down on the condo came from the proceeds of the home we previously owned together. When we split the assets does my husband have a claim to 50% of the equity in the condo?
[quote]I am starting the divorce process and I have a condo which is in my name. My husbands name is not on the title or the mortgage. The money that I put down on the condo came from the proceeds of the home we previously owned together. When we split the assets does my husband have a claim to 50% of the equity in the condo? [/quote]
Yes, he does. Even if it wasn't bought during the marriage (any asset bought during the marriage is joint, even if it is just in one spouse's name), joint money was used to purchase it.
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