Property Division

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Commonly Asked Questions about Property Division

What steps are involved in the division of property?

Typically, there are four steps involved in dividing property in a divorce: Identifying all property and the type of property it is. Characterizing property as either: Community property. Separate Property. Hybrid/mixed property. Estimating the value of the property. Dividing the property.

What is the property under division?

If a nonzero whole number a (dividend) is divided by a nonzero number b (divisor) then there is a whole number q (quotient) and r (remainder) such that a= bq + r , wherein r = 0 or r b. These are the properties we have learned.

How is the house split in a divorce?

In general, after a divorce, a judge would order that you: Keep your separate property. Divide your community property equally.

Is everything split 50/50 in a divorce in Oregon?

In Oregon, a judge must divide property equitably. This usually means debts and property are divided 50/50.

Who controls the division of property?

The vast majority of states use the rule of equitable distribution. In a nutshell, the judge will divide all of the couples marital property (and allocate their marital debts) based on the judges decision as to what is fair to both spouses under the particular facts of each case.

What is the division property rule?

The division property of equality means when both sides of an equation are divided by the same number, the equation will remain true. The divisor cannot be zero, and must be the same on both sides of the equal sign in order for this property to hold true.

Is Michigan a 50/50 divorce state?

The division of property during a divorce in Michigan is not strictly a 50/50 arrangement. Instead this is decided based on what the judge determines to be equitable for both parties legally referred to as equitable distribution. This is often the most contentious portion of divorce proceedings in Michigan.