Sentences with phrase «property and debt acquired»

In community property states, property and debt acquired while married is divided equally in a divorce.

All property and all debts acquired during your marriage are considered marital property.

Not exact matches

My question at a congregational meeting where we were to vote on acquiring property and debt (after the pastor had told us that God had told him we should do so) «If God told you we should be doing this, wouldn't He also tell some of us?»

A high ratio indicates the REIT is easily able to meet its debt obligations and has the flexibility to issue more debt in order to acquire properties and grow.

By their nature, REITs are high - debt enterprises, as they always need financing to acquire and build properties.

As much as we would like to acquire a property, bad debts, a low credit score, and a low income may prevent us from doing so.

As much as we would like to acquire property, bad debts, a low credit score, and a low income may prevent us from doing so.

If you live in a community property state, and acquired student loan debt through marriage, you could be liable to pay off your spouse's debt after his / her passing.

The host club will assume the responsibility of all debts incurred during this event, including acquiring Liability insurance to cover the event and any profits become the property of the Parent Club.

If husband and wife agree, as is known to the third party, to separately possess their property acquired during their marriage life, the debt owed by the husband or the wife to any other person, shall be paid off out of the property separately possessed by him or her.»

Marital property includes most assets and debts a couple acquires during marriage.

Marital property in Florida is considered to be all assets and debts either spouse acquires during the marriage, unless there is a valid written agreement stating otherwise, regardless of whether the property or debt is only in one spouse's name.

Property and Debt Division: Generally, all property acquired and debt incurred during the marriage will be community property subject to equitable division, but there are notable exceptions to that generProperty and Debt Division: Generally, all property acquired and debt incurred during the marriage will be community property subject to equitable division, but there are notable exceptions to that general rDebt Division: Generally, all property acquired and debt incurred during the marriage will be community property subject to equitable division, but there are notable exceptions to that generproperty acquired and debt incurred during the marriage will be community property subject to equitable division, but there are notable exceptions to that general rdebt incurred during the marriage will be community property subject to equitable division, but there are notable exceptions to that generproperty subject to equitable division, but there are notable exceptions to that general rule.

(5) Subject to subsection (3), if the spouses» first common habitual residence during the relationship between the spouses was in a jurisdiction in which a regime of community of property applies, property owned or acquired and debt owing or acquired during the relationship between the spouses that is property or debt to which the regime of community of property applies must be divided at the end of the relationship between the spouses according to that regime of community of property.

In general terms matrimonial property includes all assets belonging to the parties individually or jointly which was acquired during the period of marriage and held as at the date of separation, less any debts similarly held by the parties individually or jointly as at that date, subject to a few exceptions.

It should also look at how property was acquired, the length of the marriage, and any debts and liabilities.

As long as the asset or debt was acquired during the marriage, with a few notable exceptions, it is considered marital property and will be divided in an equitable manner.

This law provides that all assets and debt acquired during a marriage are considered marital property and are therefore subject to division among the spouses.

If you live in a community property state — Arizona, California, Louisiana, New Mexico, Nevada, Idaho, Texas, Washington or Wisconsin — assets and debts you acquire during your marriage belong equally to both spouses, except in certain narrow circumstances, such as assets acquired by inheritance or gift that you kept separate from your marital assets.

When couples divorce in community property states, all of those assets and debts acquired during the marriage get divided equally.

In dividing property the court considers the contributions, «monetary and non-monetary,» of each spouse, the duration of the marriage, the ages and conditions of each spouse, how marital property was acquired, the debts and liabilities of each spouse, tax consequences, dissipation, the «character of all marital property,» and «other factors as the court deems necessary or appropriate to consider in order to arrive at a fair and equitable monetary award.»

Marital property includes most assets and debts a couple acquires during marriage.

This means that any property (other than gifts or inheritances) you and your spouse acquired during the marriage belongs equally to both parties and any joint debts incurred during the marriage are the equal responsibility of both parties.

It means that all marital property will be distributed equitably, which is a fair division of all the assets and debts acquired during the marriage.

In community property states, courts award each spouse half of all assets and debts acquired during the marriage.

Only marital property is divided between the spouses and typically includes, all income during the marriage and everything acquired with that income, plus all debts accumulated during the marriage.

Martial property includes all assets and debts that were acquired during the marriage, such as real estate, motor vehicles, bank accounts, investments, retirement accounts, business interest, collectibles, artwork, and personal belongings.

California's community property law basically includes as «community property» all assets and debts and income acquired during a marriage, before permanent separation.

A legal principle followed by most states, in which marital property, (assets, earnings, debt and obligations) acquired during marriage are divided at divorce.

The best - run REITs expand by raising rents, paying down debt and periodically acquiring top - drawer properties.

It negotiated simultaneously on several fronts to acquire the debt on the property, clear its liens and take over as owner.

The Los Angeles - based office REIT expects to net proceeds of about $ 332.2 million and said in a statement that it plans to contribute the funds to its operating partnership to use for general corporate purposes including acquiring properties and repaying outstanding debt.

Here's the way I would do it: • Take classes on real estate investing • Start small, as a real estate investor and gain real - life experience • Learn to identify great properties • Use debt as leverage in financing the property Learn to manage the property, improve the property, and increase rents • Then I'd refinance the property, pulling out tax - free capital that • Use to acquire more properties.

We then used debt from those properties to acquire more buy and hold properties.

The Investcorp / TriLyn team will actively target income - producing commercial and multi-family residential properties in major markets throughout the United States, with a focus on acquiring or originating senior mortgage loans, subordinated debt (B notes), mezzanine debt, and bridge loans secured directly or indirectly by commercial real estate.

Before joining Blackstone, Mr. Nagelberg was a Principal at TPG and was responsible for originating, acquiring, and structuring real estate debt investments across various property types in the United States.

Scion acquired the property from American Campus Communities with assumed debt financing and nearly $ 5 million in private equity from its investment partner and self - syndicated investors.

You can allocate the equity put down and the debt take out anyway you wish as long as the Replacement Properties that you acquire have a total combined purchase cost that is equal to or greater than the Net Sale Price of your Relinquished Property (not net equity or net profit, but Net Sale Price) and you reinvest all of the net equity (cash) into the Replacement Properties.

Generally, for full tax deferral, you must (1) acquire like - kind replacement property that is equal to or greater in value than the relinquished property sold (based on net sales price, not based on your equity); (2) must reinvest all of the net proceeds or cash (net equity) generated from the sale of the relinquished property; and, (3) must replace the amount of old debt that was paid off on the disposition of the relinquished property with new debt of an equal amount on the like - kind replacement property.