Legal Question in Real Estate Law in Nevada

liens

My wife and myself are seperating and we curently own 2 houses,they are in both of our names. How do I make sure that once the house is sold I get my share of the equity. Bearing in mind

dollar amounts may vary, I just wnat to get what is mine once the house gets sold, is there a lien I have to file? HELP Ive got so many problems, I don't want any more.

Thank you much.


Asked on 8/13/07, 6:05 pm

2 Answers from Attorneys

Jeffrey Cogan Jeffrey A. Cogan, Esq., Ltd.

Re: liens

You should hire an attorney due to the amounts involved. As long as you are on title, you should be protected as no one should loan on the property without your signature, but it could happen. A lis pendens will protect you. You would be protected by a court order approving the sale if the lis pendens is filed.

Otherwise, you must review the escrow documents to make sure that you are proected.

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Answered on 8/13/07, 8:34 pm
Jim Herbe Black & Lobello

Re: liens

It is important that you consult with an attorney as you have numerous legal issues. One, you are going through a divorce. You need to ensure that you are properly represented during these negotiations. If you and your wife hold title, you are entitled to half of the property value as Nevada is a community property state.

If you are the primary income earner, you may also face challenges on things like pensions, retirement benefits, and other assets you have.

Contact my office if you'd like to schedule a consultation with one of our attorneys. You have many assets to protect and we'd be able to work out a flexible fee arrangement for you.

Best Regards,

Jim Herbe

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Answered on 8/13/07, 11:44 pm


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