Worksheet: Division of Property
Also available in PDF | MS Word
Not all cohabitating relationships last forever, and when they end, the property issues can be as challenging for unmarrieds as for spouses facing a divorce. Some unmarried couples have a cohabitation agreement that sets forth how the property they accumulated during their partnership will be divided, or perhaps they kept all of their assets and property separate throughout the relationship. In other instances, however, disputes can arise as to who gets what when the relationship ends. Even property owned by one partner before the cohabitation began can pose a problem if during the relationship the other partner made significant contributions to the increase the property's value, either financially or by physical effort. This worksheet can be used by you and your attorney to determine how your property should be fairly divided, or by you and your partner to attempt to reach a compromise on property issues.
| Homestead: | 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 __________
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