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Worksheet: Division of Property
| Vacation Home: | To You: | To Your Partner: | |
| Value | $____________ | ||
| Amount Owed | $____________ | ||
| Equity | $____________ | $____________ | $____________ |
In calculating the value of each partner's share, consider:
When purchased __________
Purchase price __________
Down payment amount __________
Source of down payment __________
Original mortgage amount __________
Current mortgage amount __________
Source of funds for mortgage payments, taxes, and insurance __________
Source of funds for home improvements __________
Source of funds for home maintenance __________
Source of effort for home improvements __________
Source of effort for home maintenance
| Rental Property: | To You: | To Your Partner: | |
| Value | $____________ | ||
| Amount Owed | $____________ | ||
| Equity | $____________ | $____________ | $____________ |
In calculating the value of each partner's share, consider:
When purchased __________
Purchase price __________
Down payment amount __________
Source of down payment __________
Original mortgage amount __________
Current mortgage amount __________
Source of funds for mortgage payments, taxes, and insurance __________
Source of funds for improvements __________
Source of funds for maintenance __________
Source of effort for improvements __________
Source of effort for maintenance __________
Monthly rental income __________
Monthly expenses __________
Income produced __________
FAQs
- If my marital status changes, may a credit grantor force me to reapply for credit?
- Will use of fault grounds affect other aspects of the divorce?
- What is a divorce?
- What is a no-fault divorce?
- Why does the law provide for no-fault divorces?
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