Legal Question in Family Law in Texas
Escrow
My husband and I separated Nov 11, 2005. We were officially divorced on 9/25/06. The divorce decree stated that I would stay in the house until it sold. I paid the mortgage from November 2005 until November 2006. Although we agreed to split everything 50/50 on the sale of our home, as well as any repairs needed to sell the home, do I split the escrow since I exclusively paid the mortgage.
Asked on 11/17/06, 9:14 am
1 Answer from Attorneys
TC Langford
Langford Law Office
Re: Escrow
Unless you get a modified court order, you are bound by the existing one. If it states that you split the proceeds/equity/escrow 50-50, then he gets half. Often a decree will state that the person residing in the house is responsible for the upkeep, maintenance and mortgage.
Answered on 11/21/06, 8:05 am