Legal Question in Family Law in Virginia
Marital or separate property-VA?
Prior to our marriage, my husband purchased the land on which our home is built. He deeded the land in both our names soon after we married, which we together signed over as security for the construction loan, and avoiding mortgage insurance.
Being that he owned the land prior to our marriage, but then retitled the deed of the land to include both our names, is the land considered to be separate property or marital?
Asked on 5/09/07, 8:07 pm
1 Answer from Attorneys
Michael Hendrickson
Law Office Michael E. Hendrickson
Re: Marital or separate property-VA?
If your name was added to the deed, you're now a co-owner of whatever property is described in the deed.
Answered on 5/09/07, 9:14 pm