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Natalia Willett, a real estate attorney in Florida, discusses settlement agreements in divorces involving real estate. Five key points to focus on include listing all real property in the divorce decree, regardless of ownership during the marriage. Acquiring or using real estate during marriage makes it marital property, even if titled in one spouse's name. It is essential to address how the property will be divided, including mortgage responsibility, as well as potential tax implications and considerations for selling or refinancing the property. The agreement should also include provisions for any jointly owned properties and how they will be divided or managed post-divorce. Overall, it is crucial to carefully consider and address all aspects of real estate in divorce settlement agreements to prevent future disputes and ensure a smooth transition.
