Division Of Property

Question 1

How division of property works

Answer 1

When a relationship breaks down, the family court can deal with property disputes.

The court considers direct and indirect contribution towards the acquisition of a major asset such as a house.

Question 2

Direct contribution

Answer 2

• Monthly payment on a mortgage
• Payment of the deposit when you first bought whatever you bought.
• Payments for renovations/ improvements

Question 3

Indirect contribution

Answer 3

• Payment of other bills (utilities, council rates, etc)

- Non financial contributions- allowing tome for the other partner to go earn, whilst they do jobs at home.