Conveyancing and Divorce: What Happens to the Family Home When You Separate
Divorce or separation is often accompanied by difficult financial and practical decisions. Among the most important is what to do with the family home. Conveyancing solicitors play a key role in ensuring that any decisions made are properly recorded and legally binding.
Selling the Property
If both parties agree to sell, the process is handled in much the same way as a standard sale. The conveyancer will manage contracts, liaise with estate agents, and ensure that proceeds are correctly distributed.
Transfer of Ownership
Where one party wishes to remain in the property, a transfer of equity may be required. Your solicitor will update the Land Registry and liaise with the mortgage lender to ensure the transfer is correctly documented.
Buying Out a Share
In situations where one party purchases the other’s share, conveyancing ensures that the financial arrangements are legally secure.
Court Orders
Sometimes, the decision regarding the property is part of a financial settlement approved by the court. A solicitor ensures the conveyancing reflects the terms of that order.
Why Legal Assistance Is Essential
Property matters during divorce can be complex. Accurate legal documentation is vital to avoid disputes in the future.
Summary
Conveyancing during divorce requires careful management and clear legal advice.
At Sheltons Solicitors, we provide a steady and reassuring service, ensuring that property arrangements during divorce are handled with clarity and professionalism.
Contact Sheltons Solicitors:
[Text Wrapping Break]Visit: www.sheltons-solicitors.co.uk[Text Wrapping Break]Call: 0115 955 3444[Text Wrapping Break]Email: info@sheltons-solicitors.co.uk
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The information contained in this article does not constitute financial advice or recommendation and should not be considered as such. Sheltons Solicitors does not offer financial advice and is not regulated by the Financial Conduct Authority (FCA), the authors of this article are not financial advisors and are therefore not authorised to offer financial advice.
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