Divorce and your home
What happens to your home – whether you rent or own – before, during and after the divorce?
What happens to your home?
Your home is an important part of your existence. Not only do you live there, but you have memories there. It is a part of your life. At the same time a home is also a valuable asset.
Various options are available for the home: you can sell it, keep it in undivided co-ownership, one of the partners can buy out the other partner's share, it can given away, etc. Each of these options has it advantages and disadvantages and its associated costs.
We inform you and provide guidance and support.
We have a mortgage on our home. What happens now?
Depending on what you agree with regard to your home, you will have to make the appropriate arrangements.
What happens if you are living in a rented home?
As a rule, you agree with each other on who will live in the home after the divorce. It is best to have a new inventory carried out and to agree on what to do with the security deposit and decide who has ultimate responsibility for damage after the divorce.
The home agreement includes the following:
- Arrangements for your home
- Selling the home
- One partner buys the home
- One partner gives the home to the other
- Keeping the home in undivided co-ownership
- Arrangements concerning costs
- Arrangements concerning income from the home
- Your mortgage
- Other considerations
In our five-step plan, the Divorce Consultants help you with the following:
- drafting the home agreement;
- bringing in an independent appraiser;
- notarial deeds;
- the arrangements to make with the landlord;
- drawing up an inventory.