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Old 09-08-2003, 10:15 AM
Claudia McE
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Question

House proceeds in Colorado separation


What is the name of your state? Colorado

My husband plans to sell the house we have lived in but has title to and move away. I have contributed to half of all living expenses including half the mortgage since I moved in. We have filed taxes separately and he has taken all the mortgage interest writeoffs for the house in the past. In the event I file for separation, am I eligible for proceeds from the sale of the house since I can prove I paid half the mortgage??
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Old 09-08-2003, 10:12 PM
Lawswammy
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Colorado is not a community property state, however as a generic answer, if the mortgage was paid out of marital assets you are entitled to one half of that contribution as well as one-half of the appreciation of the property. Check with an attorney to make sure you have all of the facts laid out.
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