Agreement Division Property With Real Estate In Arizona
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This Partition Agreement is an Agreement for the Partition and Division of Real Property. This is a Voluntary agreement to partition and divide real property. This Agreement can be used in any state. This Agreement is to be signed in front of a notary public.
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In need of a QDRO attorney near you? We are ready to fight for what's yours in property division.A property settlement agreement is an agreement between the spouses on how to divide the marital assets but this agreement cannot be filed with the Court. Every asset and debt must be allocated between the parties before the property division process is complete. Both are legally binding on all parties. Property settlement agreements address the division of property in a divorce. Our Tempe and Chandler divorce lawyers will work to identify, value, and characterize all marital assets to pursue an equitable division. Example 1: Division of Real Estate: If a couple owns a home purchased during their marriage, it is considered community property. A judge will divide a divorcing couple's property and debts, unless the couple is able to reach a settlement agreement. Property division in Arizona doesn't require that the property be divided equally, which is unlike some other community property states.