Divorce Support Forums: No equity in real property

Divorce Support Forums: No equity in real property
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State Support Forums >> California

badride47
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Reged: 02/11/08
Posts: 1

No equity in real property
02/11/08 02:57 PM (76.102.72.160)

In California. If a couple getting a divorce owns a condominium (as community property), but the current market does not support its sale and neither party can refinance or is willing to relinquish their interest in it, how is each parties' ownership interest resolved upon dissolution of the marriage? Will the court assign the interest to one party and then execute a judgment or a lien upon it in the interest of the other party in order to equitably distribute potential future equity gains derriving from refinance or sales proceeds?

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Subject	Posted by	Posted on
No equity in real property	badride47	02/11/08 02:57 PM
Re: No equity in real property	allthumbs	02/11/08 11:05 PM

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