The willpower of actual property possession throughout dissolution of marriage proceedings inside the state considers a number of elements. The court docket goals to attain an equitable distribution of belongings acquired throughout the marriage. This course of does not mechanically award property primarily based solely on particular person wishes or contributions.
Equitable distribution ideas, whereas not essentially implying a 50/50 cut up, goal for equity. Size of the wedding, contributions to the wedding (each monetary and non-financial), financial circumstances of every celebration, and any dissipation of belongings are all thought of. A historic residence can maintain vital emotional and monetary weight inside the marital property.