Legal Question in Family Law in Florida
Landay Formula
I am divorcing my husband. He has an attorney. His attorney says my 'special equity' is not the amount of money I actually put in to the marital home- it is a lesser amount because of the 'Landay Formula'. Can you tell me why my special equity is calculated on a formula, rather than the actual amount?
Asked on 6/08/02, 2:57 pm
1 Answer from Attorneys
David Slater
David P. Slater, Esq.
Re: Landay Formula
Sorry, I never heard of it. The court will determine your interest based upon equitable distribution. How the house was paid for will certainly enter into it. Speak to your lawyer.
Answered on 6/08/02, 6:31 pm