We purchased the property from a trust account, both names are on the deed. We have added a mobile home, sewer, electricity and septic tank. We also added a shed, fencing around entire property. Who gets the land during the divorce? Does the other party need to buy out the other?
Criminal Defense Attorney
Sounds like the property was purchased with co-mingled funds, out of a desire to benefit the community, and maintained and developed with new additions to benefit the marital community following marriage. baring an unforeseen and undisclosed development, I believe this property would be considered community property and divided accordingly, 50/50. Either party can buy out the other, or the property can be sold and the proceeds divided. Good luck!
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