Home     Law Advice     Insurance Advice     Community    
Go Back   FreeAdvice Legal Forum > FAMILY LAW > Marriage, Domestic Partnerships and Other Family Law Matters

Powered by Attorney Pages


  Find An Attorney In Your Area    
 

Reply
 
LinkBack Thread Tools Rate Thread Display Modes
  #1  
Old 09-03-2001, 03:57 PM
m.a.p.
Guest
 
Posts: n/a

divorce and the house




Here it is in a nutshell. Couple gets married in Ca. They buy a house from her mother. Mom is on the title w/ them. After 10 years couple gets divorced. She gets the house, but does not want it and moves out of the area. He has been living in the house ever since and paid all the bills and taxes. Now in order to remove their names from the title, they want money. Does he have to give them anything? Isn't there some kind of abandament law he can use?
  #2  
Old 09-03-2001, 04:08 PM
Senior Member
 
Join Date: Jan 2000
Location: Los Angeles, California
Posts: 38,191
My response:

Not in California there isn't.

People own, or have an interest in, property all the time without living in or on the property. The value of the property, and it's division, works basically like this :

The couple jointly own 2/3 of the value. That value can be agreed upon. Then, the couple can come to whatever agreement they want for the payment to the non-tenant ex-wife, as an for her share of the "Communitity Property" interests.

As far as Mom goes, she owns 1/3 of the value of the house. However, and not being restricted to the Community Property laws of California, Mom and the Husband can come to whatever contractual terms they choose.

When all agreements have been finalized, husband / tenant then obtains new financing to pay off ex and Mom.

If financing is unobtainable, the house goes on the "auction block" as it were, is sold, and the proceeds divided pursuant to Community Property laws and by contract with Mom.

IAAL
Reply



Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools
Display Modes Rate This Thread
Rate This Thread:

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is Off
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On
Forum Jump

All times are GMT -5. The time now is 05:35 PM.



IMPORTANT NOTICE
THE VIEWS EXPRESSED ON THIS PAGE WERE NOT REVIEWED BY THE EDITORIAL STAFF OR ATTORNEYS AT FREEADVICE.COM. Thousands of professionally prepared and reviewed questions and answers in 130 legal categories are to be found at the Question and Answer pages at FreeAdvice.com.

F
reeAdvice Forums are intended to enable consumers to benefit from the experience of other consumers who have faced similar legal issues. FreeAdvice does NOT vouch for or warrant the accuracy, completeness or usefulness of any posting or the qualifications of any person responding. Use of the Forums is subject to our Terms and Conditions which prohibit advertisements, solicitations or other commercial messages, or false, defamatory, abusive, vulgar, or harassing messages, and subject violators to a fee for each improper posting. All postings reflect the views of the author but become the property of FreeAdvice. Information on FreeAdvice or a Forum should not be relied upon and is not a substitute for advice from an attorney licensed in your jurisdiction who you have retained to represent you. To locate an attorney visit AttorneyPages.com. Copyright since 1995 by Advice Company. All Rights Reserved.