Monique Delarosa - A GUIDE TO SELLING YOUR HOME IN A DIVORCE

enforce the sale. 5. Failure to Meet Financial Obligations: In the event that either party fails to meet their financial obligations as outlined in this agreement, the non-compliant party shall rectify the situation within 30 days of notification. Failure to do so may result in legal action. 6. Dispute Resolution: Any disputes arising from the sale of the home or the obligations of this agreement shall be resolved through mediation. If mediation is unsuccessful, either party may pursue legal remedies to enforce the terms of this agreement. 7. Additional Expenses: Additional expenses pursuant to the sale of the home repainting, landscaping, or replacing appliances or carpeting. There should be clear direction on how to handle the unexpected while in the process of selling the home — for example, if a home inspection reveals a cracked foundation or termite infestation. Ex-spouses sometimes agree to a fixed amount of time to share expenses prior to the sale of the home. Quick decisions can be damaging, especially when it comes to co-ownership or one spouse occupying the home until it sells. In my experience, during such times, emotions can run high, but by maintaining a level head, by focusing on the practical aspects of the sale, and by prioritizing the necessary steps to sell the home both you and your ex-spouse can move forward more efficiently with less stress and essentially a smoother and faster transition. Consult your legal adviser for contingencies that are specific to your situation. Please note that the specific language and provisions in a marital settlement agreement should be tailored to the unique circumstances of the divorce and the preferences

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