Is a house considered marital property?
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Is a house considered marital property?
For example, if you and your spouse bought a house together and continually paid a joint mortgage, the house would be considered to be marital property. Likewise, any debts accrued together are considered joint property debts.
How do I force the sale of my house after divorce?
The division of real property owned by a divorcing or now divorced couple isn’t usually possible, so a court-ordered sale is the normal end result. If you use a partition lawsuit to force your ex-spouse to sell the home you jointly owned together, you’ll also usually have to divide any proceeds.
How are houses divided in a divorce?
Spouses do not necessarily have to give their spouses “half the house” on separation. That spouse is entitled to stay in the house, and to have the equity included in property division, but, if a home is not jointly owned, there is not right to “half of it.” It is just included in the assets to be divided.
How is property divided in a divorce in Pennsylvania?
Dividing Property Pennsylvania is an equitable distribution state. This means that in the event of a divorce, a court will distribute the couples property in a way that it believes is fair. This does not meant that the court will divide the property exactly in half.