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DIVORCING, WHAT HAPPENS TO MY NON MARITAL PROPERTY

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Icon Mini Profile ivycast08



Joined: 15 Jul 2008

Posts: 3



1.70 Dollars($)

PostPosted: Tue Jul 15, 2008 10:14 am    Post subject: DIVORCING, WHAT HAPPENS TO MY NON MARITAL PROPERTY

Divorcing, what happens to my non marital property? I bought a condo in Florida 3 years prior to getting married. Husband never contribute on mortgage, repairs or anything having to do with the apt. How is this handle during a divorce?

Thank you very much Crying or Very sad
 
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Icon Mini Profile apexoffice
apexoffice


Joined: 09 Jul 2008

Posts: 40
Location: Atlanta, GA


16.91 Dollars($)

PostPosted: Tue Jul 15, 2008 10:41 am    Post subject:

I assume by your post, your husband was never added to the deed or the loan. As long as this is the case, I don't think you don't need to do anything as far as your condo is concerned since it is clearly not a marital asset. You may want to discuss it with your attorney as equitable division of assets are handled differently from state to state.

I would like to add one more thing. If your attorney advises you to get the property appraised, be sure to select an appraiser that specializes in litigation support and expert witness testimony. The cost may be higher than the typical appraisal but it will be well worth it to have someone with courtroom experience.

_________________
Benjamin Smith
Atlanta Area Appraiser
Apex Appraisals & Consulting, LLC
www.appraisalapex.com
 
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Icon Mini Profile Niicss
Niicss


Joined: 03 Oct 2005

Posts: 1245
Location: New Jersey


186.06 Dollars($)

PostPosted: Wed Jul 16, 2008 5:44 am    Post subject:

Welcome ivycast.

I have replied in a similar query. Please refer to http://www.mortgagefit.com/florida/divorce-quitclaim.html

Let me know if you have any more queries.

_________________
Good is the Enemy of Great.
 
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