Sentences with phrase «property and debts between»

Part of dissolving a marriage is distributing marital property and debts between the spouses.

In every divorce, a judge will divide a couple's marital property and debts between the spouses.

Not exact matches

I've still got about $ 1,092,000 in mortgage debt to pay down between my vacation property and my primary residence.

But their agenda is to make the economic polarization between creditors and debtors irreversible, ushering in a Dark Age of austerity and deepening debt peonage in which wages, profits and property rents are earmarked to pay interest — on loans that can't be paid in a shrinking economy.

Since the debt is back by the property, it's much safer than equity investment but still targets returns between 8 % and 12 % on an annual basis.

In those states all property and debts accrued during marriage are to be split between spouses after the divorce.

The guarantee for these loans is not the whole property but the difference between the market value of the property and the remaining mortgage debt.

Equity is the difference between the value of a property and the outstanding debt that this property guarantees.

I'm having a hard time getting equity out of my 5 properties, 1 paid off, the rest with plenty of equity, but my debt to income ratio of 60 - 65 % and the fact that most of my income is coming from short term rentals (airbnb, between 75k - 85k income), is making qualifying really difficult even though I have 2 years of history, 740 credit score.

The majority of deals listed on RealtyShares have been residential properties, split between equity and debt deals.

A mortgage refers to an agreement between a lender and a borrower where the borrower gives the title of the property papers to the lender till the time he pays off the debt along with the interest, with the promise of getting back those papers as soon as the loan is paid off.

Equity is the difference between the market value of a property and the amount of debt that the property is currently guaranteeing.

The liability would be capped to any difference between the borrower's total debt at the time of foreclosure sale and what the lender could recoup when the property was liquidated.

Home equity is essentially the difference between your property's value and any debt you hold against it.

Everything I am reading is encouraging leveraging debt and further property purchases but what's the difference between having a # 1000 monthly income from a property where you have paid the mortgage off compared to # 100 monthly income from 10 properties?

This is an agreement between a couple considering marriage that explains property rights, living expenses, debts, and other issues.

Property Division: In New Hudson, Michigan, the standard is that marital property and debts are divided fair and equitably between the two parties in a Property Division: In New Hudson, Michigan, the standard is that marital property and debts are divided fair and equitably between the two parties in a property and debts are divided fair and equitably between the two parties in a divorce.

In Westland, Michigan, the standard is that marital property and debts are divided fair and equitably between the two parties in a divorce.

In Dearborn, Michigan, the standard is that marital property and debts are divided fair and equitably between the two parties in a divorce.

In Southgate, Michigan, the standard is that marital property and debts are divided fair and equitably between the two parties in a divorce.

In Northville, Michigan, the standard is that marital property and debts are divided fair and equitably between the two parties in a divorce.

In Walled Lake, Michigan, the standard is that marital property and debts are divided fair and equitably between the two parties in a divorce.

In South Lyon, Michigan, the standard is that marital property and debts are divided fair and equitably between the two parties in a divorce.

The BC Family Law Act by default says that generally BC family property and debt are subject to equal division between spousal unless it would be significantly unfair to divide the property equally.

Additionally, Lorelei has helped forge positive business resolutions of complex matters, including a long - standing dispute and litigation between a Palm Beach County hospital and a group of physicians who held a ground lease on hospital property and provided services at the hospital; a long - standing lawsuit between two groups of physicians over the breakup of their practice group; a prominent sports figure's multimillion dispute over a license agreement; a sports broadcaster's claims against a video company for unauthorized use of his name and likeness; and class actions involving consumer debt collection services.

In a contested divorce, there are key issues which can not be resolved between the couple, such as alimony, child support, custody, or visitation, property division, the allocation of debts, and other issues pertaining to the specific couple.

A separation agreement often deals with how property (and debts) will be divided between the spouses, spousal support, child custody, child access and child support.

In divorce proceedings, there are often disputes over the way property, assets, and liabilities (debts) are divided between the two spouses.

(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.

The program would then compare any remaining areas of disagreement between the parties» positions — which should now be limited to the children's special expenses, arrangements the care of the children and the allotment of property and debt — and evaluate the extent of the parties» disagreement on each legal issue.

[32] The respondent's principal argument for support is based on the fact that there is disparity of income between the respondent and the claimant and that disparity will increase if the respondent chooses to retire from his employment, prior to resolution of the issue of the division of family property and family debt.

The Judge also determines what he or she thinks ought to be included with the marital property to be divided, the value of those assets, and how the assets (and debts) will be allocated as between the parties.

- Identify all property (real, personal, financial) and debts; - Characterize all property or debts as separate or community; - Establish values for all property; - Divide property and debts fairly between the two people; - Decide what if any spousal support is appropriate; and -(If you have children) Work out a parenting plan and child support.

Such matters included auto repair and towing disputes, insurance claims involving tort and contract matters, debt collection cases, civil and criminal domestic violence cases, neighborhood land disputes, and property disputes between neighbors.

Most important, you must have an agreement between you as to how you're going to divide your property and debts; you can not have any children and both you and your spouse must waive alimony and your right to appeal any part of your divorce agreement.

All of the marital property must be divided between the spouses when the marriage ends, and marital debts must be assigned.

The terms of a divorce agreement should be memorialized in a «marital settlement agreement» («MSA»), which is a written contract between spouses that resolves most or all of the issues in their divorce, such as alimony, child custody, child support, and the division of property and debts.

Your divorce decree governs many issues between you and your ex-spouse including child custody, child support, spousal maintenance, division of property and division of debt.

As a resident of a community property state, the court is likely to divide this debt equally between you and your spouse.

Now, Nevada is a community property state, so as far as property and debt division is concerned in a joint petition Nevada divorce, it's basically a 50/50 split between the parties.

Custody and visitation terms are set, alimony is awarded where applicable and your marital property and debts are divided between you.

The court may require the spouse to bring certain documents, such as the divorce decree signed by both spouses, property division agreement, agreed upon parenting plan, lists of how debts will be divided between the spouses, and completed child support worksheets.

That depends mostly on how much fighting takes place as the spouses try to resolve by agreement the legal issues (custody; a parenting plan; support; and division of property and debt) that the judge must decide following a trial if the parties can not agree between themselves directly or through mediation or with the assistance of and negotiations through their lawyers.

Just like with property and assets, debt is divided fairly between spouses during a divorce or dissolution.

A divorce case in California begins when the Petitioner or his / her divorce lawyer files a Petition For Dissolution Of Marriage in the Superior Court asking the court to dissolve the marriage and to deal with any issues between the parties arising out of the marital relationship such as child custody, child support, spousal support, property division, debt division, payment of attorney fees and court costs, etc..

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.

The metrics these portfolio lenders will be looking for are that the property is between 65 and 70 percent LTV and the DCR, which is the debt coverage ratio, is 1.

However, the improved loan performance has come at the price of two important changes in the market — higher going - in debt yields for new financing, even in the case of centers that are well - operated, and the bifurcation in pricing between class - A malls and lower tier properties.

Aries typically looks for self - storage properties valued at between $ 5 million and $ 50 million for senior debt financing, Shah notes.

Debt Service Coverage (DSC)-- This frequently used term refers to the ratio between the monthly net income of an income - producing property and the required monthly loan payment; it is often abbreviated as DSC.