Real Property in Oregon Divorce Mediation:
Mediator Matthew House, J.D.
The Short Version:
Real property means real estate – land and any fixed structures on it. Primary residences, vacation homes, income-producing rental properties, commercial properties, vacant land, and even some timeshares are real property. All real property that you own individually or with your spouse must be addressed in Oregon divorce mediation, even if you already agree on who will own the property post-divorce.
Options for handling real property include:
In your mediation sessions, Matthew will share recommendations about each of the options that you may be considering. Matthew will discuss and include in your Marital Settlement Agreement stipulations related to:
Drafting a divorce agreement that involves real property requires specialized skills that Matthew has spent 20 years developing, particularly in the past three years with his designation as a Family Law Financial Analyst and the advanced financial expertise that he acquired in that process.
The Details:
More detailed information is in progress and will be posted below as soon as it is ready.
Back to Topics to Address in Mediation
Real property means real estate – land and any fixed structures on it. Primary residences, vacation homes, income-producing rental properties, commercial properties, vacant land, and even some timeshares are real property. All real property that you own individually or with your spouse must be addressed in Oregon divorce mediation, even if you already agree on who will own the property post-divorce.
Options for handling real property include:
- Sale
- Refinancing or assumption
- Retention by one party
- Continuing joint ownership
In your mediation sessions, Matthew will share recommendations about each of the options that you may be considering. Matthew will discuss and include in your Marital Settlement Agreement stipulations related to:
- Details in discovery documents
- Whether and how it can be divided
- Income or potential income
- Debt(s) secured by the asset
- Affordability of the ownership
- Taxes (present and/or future)
- Proper valuation
- Net distributable value (NDV)
- Ownership and title
- Contingency plans
- The post-divorce process
- Helpful drafting details
- Avoiding errors and omissions
Drafting a divorce agreement that involves real property requires specialized skills that Matthew has spent 20 years developing, particularly in the past three years with his designation as a Family Law Financial Analyst and the advanced financial expertise that he acquired in that process.
The Details:
More detailed information is in progress and will be posted below as soon as it is ready.
Back to Topics to Address in Mediation