Real Property in
Oregon Divorce Mediation:
Mediator Matthew House, J.D.
Real Property means real estate. It includes, but isn't limited to: Primary residences, second homes, rental property, commercial property, and vacant land. In an Oregon divorce, you may divide or transfer real property from one spouse to the other, or from joint ownership to single-party ownership.
You will provide documentation about your ownership of any real property that either party may own individually or that you own jointly, and the expenses involved in the ownership.
Real property is transferable or divisible. The value of real property is determined by a Comparative Market Analysis (CMA) done by a realtor, a professional appraisal, or the mutual agreement of the parties.
To use a mediation-ready valuation, the appraised or agreed-upon value of the property must be adjusted to account for: any mortgages or other debt secured by the property; future real estate commissions and closing costs; and possible capital gains taxes, depending on the appreciation since the date of purchase.
Matthew may recommend a particular disposition of the real property, depending on your circumstances. However, there are multiple options. You are free to choose the disposition that works for both of you, and the decision is always yours.
Drafting a divorce agreement that involves real property requires specialized skills that Matthew has spent 20 years developing, particularly in the past two years with his designation as a Family Law Financial Analyst and the advanced financial expertise that he acquired in that process.
All relevant aspects of Matthew’s five-stage process will also apply to the discussion of real property.
You will provide documentation about your ownership of any real property that either party may own individually or that you own jointly, and the expenses involved in the ownership.
Real property is transferable or divisible. The value of real property is determined by a Comparative Market Analysis (CMA) done by a realtor, a professional appraisal, or the mutual agreement of the parties.
To use a mediation-ready valuation, the appraised or agreed-upon value of the property must be adjusted to account for: any mortgages or other debt secured by the property; future real estate commissions and closing costs; and possible capital gains taxes, depending on the appreciation since the date of purchase.
Matthew may recommend a particular disposition of the real property, depending on your circumstances. However, there are multiple options. You are free to choose the disposition that works for both of you, and the decision is always yours.
Drafting a divorce agreement that involves real property requires specialized skills that Matthew has spent 20 years developing, particularly in the past two years with his designation as a Family Law Financial Analyst and the advanced financial expertise that he acquired in that process.
All relevant aspects of Matthew’s five-stage process will also apply to the discussion of real property.