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How to link title in the Divorce Agreement

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[Music] hi Im Annie Fitzsimmons Im your Washington Realtors Legal Hotline lawyer todays video is another in our continuing series entitled real estate fundamentals you should know this is a question that comes up quite a bit believe it or not we have a married couple but only one member of the marriage is going to be on title to the property why it doesnt really matter why maybe its because of financing maybe its because somebodys out of town maybe its because somebodys getting a divorce and and the divorce isnt yet final but the person that the buyer wants to go ahead and buy even before the divorce is final any number of reasons we dont care what it is the question is does that fact have an impact on the transaction and the answer is absolutely yes the impact is that the title company assuming the buyer has to get financing the title company will not insure title for the buyers lender unless that spouse whose name will not appear on title signs a quitclaim deed releasing t

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Below are some common questions from our customers that may provide you with the answer you're looking for. If you can't find an answer to your question, please don't hesitate to reach out to us.

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Can ex wife claim my pension years after divorce?

It is crucial that you take into account the division of your pension or other retirement funds as part of a divorce. Your ex-wife or husband may be able to claim a portion of your pension years after you were divorced if you do not address the issue in your separation agreement.

Does my wife get half of everything in a divorce Canada?

Any assets acquired during the marriage form the net family property and each spouse has an equal entitlement to half their value.

What happens financially after a divorce?

Possessions, money, financial assets, and debt acquired during (and sometimes before) marriage are divided between former spouses. In fact, divorcing individuals need a more than 30% increase in income, on average, to maintain the same standard of living they had prior to their divorce.

Can my ex wife claim money after divorce?

There is no hard and fast rule on this. Generally, a claim can be brought at any time until a consent order is put in place. However, waiting too long after your divorce could make obtaining a share of your former spouses retirement benefits more difficult, or even impossible.

What happens if ex doesnt follow separation agreement?

If someone doesnt do what the agreement says, the law says: theyre bdocHubing (not following) the agreement, and. you have a right to try to get them to do what the agreement says (called enforcing the agreement).

Can my ex wife claim money after divorce Canada?

Your ex has only two years from separation to make claims to your money and other assets that are not a form of land. However, your ex has 10 years from separation to make claims against your land unless you get a separation agreement in place that prevents these claims.

What title do you use when divorced?

After a divorce, if a woman keeps her married name, you can either use Mrs. or Ms. to address the guest followed by her first name and married name. If she is using her maiden name, then use Ms. along with her first name and maiden name.

Who loses more financially in a divorce?

Research from London School of Economics showed that womens household income fell by 20% after divorce, while mens household income rose by 30% after divorce. After age 50, the financial consequences for women become even more pronounced, with average household income sinking by 45%.

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