Legal Question in Family Law in California

community property

I purchased my home in 1996. I married my husband in 2000, we still live in the home. We refinanced in 2003. Will the equity be deducted for the years he no interest in the home? Or will it be considered community property from 2000- 2006?


Asked on 12/21/06, 2:53 pm

1 Answer from Attorneys

Lyle Johnson Bedi and Johnson Attorneys at Law

Re: community property

This area of the law is somewhat complex. The equity in the house at the time of your marriage is your separate. If payments were made on the mortgage from your wages or his during the marriage the community may be entitled to reimbursement for the amount that mortgage was reduced by using community property to pay the mortgage. The increase in equity after the refinance would generally be considered community property. These are generalities and your case may differ considerably.

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Answered on 1/05/07, 3:37 pm


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