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who owns a house in a marriage if the house was a gift

Posted on: 18th Sep, 2008 02:26 pm
If a home was gift prior to or during a marriage to one party, in the State of Florida is the home still considered joint property?
Hi just!

Though, Florida is an Equitable Distribution State and the general norm is to divide the property equally (i.e. 50-50) during separation or divorce, property acquired through gifts or inheritance prior or during the marriage is excluded. Thus, whoever has his or her name in the title owns the property. It is not considered as a joint property.
Posted on: 18th Sep, 2008 08:06 pm
Hi just!

If a property is gifted before or during the marriage as a gift it will not be considered as a joint property.

Thanks,

Jerry
Posted on: 27th Sep, 2008 03:28 am
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