Legal Question in Family Law in New York
What are the ownership rights of real property purchased before a marriage during divorce proceedings
Asked on 10/05/09, 4:49 pm
2 Answers from Attorneys
Kristen Browde
Browde Law, P.C.
Subject to certain limitations, ordinarily such property is considered separate property, and not subject to equitable distribution. However, the limitations are important, and could alter the result in your case.
You should consult with a qualified matrimonial attorney to see how the law would apply to your case. The cost of the consultation is almost invariably less than the cost of a mistake.
Answered on 10/10/09, 4:58 pm
Michael Markowitz
Michael A. Markowitz, PC
David is correct. However, the increase in value of the property during the marriage is subject to equitable distribution.
Mike.
Answered on 10/10/09, 8:24 pm
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