Legal Question in Real Estate Law in Virginia
Buying property, but still married
Married couple, living apart, is selling joint property and dividing proceeds. One will be buying a new home. Will the 'new' property still be owned jointly?
Asked on 10/03/06, 3:07 pm
1 Answer from Attorneys
Michael Hendrickson
Law Office Michael E. Hendrickson
Re: Buying property, but still married
No, the new property purchased by one of the separated spouses will not be owned in any part by the other spouse but there should be a property settlement agreement(PSA) in place which spells this out.
Answered on 10/15/06, 10:19 am
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