Legal Question in Real Estate Law in California

Real Estate buy out

I was legualy seperated from my wife 2 years ago and We are just now getting to the sale of the house. I am buying her out. I have invest about $5000.00 into the home since seperation. Will a judge use the value of what the home was at legual seperation or the value of what it is today?


Asked on 3/17/04, 9:47 am

1 Answer from Attorneys
Martin Snitow

Re: Real Estate buy out

Since you both own the property now, you would use today's fair market value minus any added investments. But normal maintenance or taxes would be paid by the one who was living there.

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Answered on 3/17/04, 2:01 pm


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