Legal Question in Family Law in Utah
When our son got married five years ago. They could not get credit to purchase a home, so my husband and I purchased it for them. His wife had $20,000 for the down payment and they have made all the payments and even extra on the house. My daughter-in-law wants to put the house in their name, but my son thinks she wants to so she can divorce him. What will happen with the house if they divorce. Will we be forced to sell it?
1 Answer from Attorneys
At the very least, she's going to be entitled to the $20,000 she put down on the house assuming that was money she brought into the marriage. Any equity over and above that $20,000 would be split equally between them. To get the money out, the house would either be sold or if one of the parties wants to keep the house, they would have to cash out the other party.
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