The disposition of actual property, particularly the marital house, is a typical and sometimes contentious challenge in dissolution proceedings inside the state. A number of components affect the court docket’s resolution concerning which celebration, if both, will retain possession. These issues purpose to attain an equitable, although not essentially equal, distribution of marital property.
The honest distribution of property addresses varied wants and circumstances that come up from the ending of a wedding. Securing appropriate housing is paramount, particularly when youngsters are concerned. Moreover, contributions made in the course of the marriage, each monetary and non-financial, are thought-about. The size of the wedding and the financial circumstances of every celebration post-divorce play essential roles in figuring out who maintains possession of the first residence.