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Natalia Willett, a real estate attorney in Florida, highlights five key points to include in settlement agreements involving real estate in divorces. First, list all real property in the divorce decree to prevent overlooking acquired or marital properties. Second, ownership title during marriage does not necessarily determine entitlement post-divorce if property was acquired or used during marriage. Third, include provisions for transferring ownership, refinancing, or selling the property to ensure smooth transitions. Fourth, specify responsibilities for maintaining the property to avoid disputes. Lastly, address tax implications and potential capital gains in the settlement agreement for clarity and financial planning.
