PROPERTY DIVISION Sample Clauses
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PROPERTY DIVISION. [Check and complete only one of these, either (a) or (b). Do not check both (a) and (b). Do not list complete account numbers.]
(a) The parties acknowledge that they have already made a division of their marital property, including any real estate, vehicles, household furniture, furnishings, household goods, equipment, bank accounts, pensions and other personal property. Neither party shall claim any of the property in the possession of the other party as of the date of signing this agreement.
(b) The parties acknowledge that they did not obtain any property during their marriage.
(c) The parties acknowledge that they possess various items of marital property, which shall be divided as provided in this Agreement. The parties agree to transfer possession and title to their property as follows: [If you have chosen (c), check and complete only the parts that apply, from (1) through (4) below. Cross out the parts that do not apply.]
(1) Marital Home - The marital home of the parties, located at the following address: which has the following legal description on the deed to the property: shall be conveyed to the (indicate Petitioner or Respondent) in fee simple. The (indicate Petitioner or Respondent) shall be responsible for all taxes, assessments and mortgage loan payments on the home after the date of . [If you have chosen and completed the preceding paragraph (1), concerning a marital home, you may also check and complete (A) or (B), or both (A) and (B), but neither one is required.]
(A) The (indicate Petitioner or Respondent) shall have a lien against the home in the amount of Dollars ($ ). Upon the sale or transfer of the home, the lien shall be paid.
(B) The (indicate Petitioner or Respondent) shall immediately begin making reasonable efforts to refinance the outstanding mortgage/mortgages on the marital home, so that the (indicate Petitioner or Respondent) shall no longer be liable on the mortgage loan(s). If the (indicate Petitioner or Respondent) is not able to refinance by (date) , the home shall then be listed for sale at a reasonable price, and all reasonable offers to purchase the home shall be accepted.
(2) Mobile Home - The parties’ mobile home, which is described as a (model and year) , with Vehicle Identification Number (VIN) of shall be transferred to the (indicate Petitioner or Respondent) . The (indicate Petitioner or Respondent) shall be responsible for all loan payments on the mobile home after the date of .
(3) Vehicles - The vehicles ow...
PROPERTY DIVISION. Property acquired together to furnish the residence will be disposed of by one of the following methods:
A. Property will be sold and money divided equally, or
B. Resident will buy out other resident(s). Sales receipts for the property will be kept and buying out price shall not ex- ceed original price paid minus 10% for depreciation.
PROPERTY DIVISION. (Check and complete only one – do not list complete account numbers)
(a) The parties acknowledge that they have already made a division of their marital property. Neither party shall claim any of the property in the possession of the other party as of the date of signing this agreement. □
(b) The parties acknowledge that they did not obtain any property during their marriage.
(c) The parties acknowledge that they possess various items of marital property, which shall be divided as provided in this Agreement. The parties agree to transfer possession and title to their property as follows: □
(1) Marital home – The marital home of the parties, located at the following address: . The legal description is included on the deed which is attached to this Agreement as Exhibit A. Person giving up ownership of the property (“Grantor): Person obtaining rights to the property (“Grantee”): The Grantor conveys the above referenced property to the Grantee in fee simple. Unless otherwise set forth herein, the Grantee shall be responsible for all taxes, assessments and mortgage payments on the home after the date this Agreement is signed by both parties. □
(2) Mobile Home – the parties agree to the transfer of their mobile home as follows:
PROPERTY DIVISION. [Check and complete only one option, (a) or (b). Do not check both (a) and (b).]
(a) The parties acknowledge they have already made a division of their marital property, including any real estate, vehicles, household furniture, furnishings, household goods, equipment, bank accounts, pensions and other personal property. Neither party shall claim any of the property in the possession of the other party as of the date of signing this Agreement.
(b) The parties acknowledge they possess various items of marital property, which shall be divided as provided in this Agreement. The parties agree to transfer possession, right and title to their property as follows: [If you have chosen (b), check and complete only the parts that apply, from (i) through (iv) below. Cross out the parts that do not apply.]
(i) Marital Home - The marital home of the parties, located at the following address:
PROPERTY DIVISION. The parties agree that the following marital property shall be divided as follows and such division is equitable:
PROPERTY DIVISION. The parties acknowledge they have already made a division of their marital property, including any real estate, vehicles, household furniture, furnishings, household goods, equipment, bank accounts, pensions and other personal property. Neither party shall claim any of the property in the possession of the other party as of the date of signing this Agreement.
PROPERTY DIVISION. [Check and complete only one of these, either (a) or (b). Do not check both (a) and (b)]
(a) The parties acknowledge that they have already made a division of their marital property, including any real estate, vehicles, household furniture, furnishings, household goods, equipment, bank accounts, pensions and other personal property. Neither party shall claim any of the property in the possession of the other party as of the date of signing this agreement.
(b) The parties acknowledge that they possess various items of marital property, which shall be divided as provided in this Agreement. The parties agree to transfer possession and title to their property as follows:
(1) Marital Home - The marital home of the parties, located at the following address: , which has the following legal description on the deed to the property: shall be conveyed to the in fee simple. The shall be responsible for all taxes, assessments and mortgage loan payments on the home after the date of .
(A) The shall have a lien against the home in the amount of Dollars ($ ). Upon the sale or transfer of the home, the lien shall be paid.
(B) The shall immediately begin making reasonable efforts to refinance the outstanding mortgage/mortgages on the marital home, so that the shall no longer be liable on the mortgage loan(s). If the is not able to refinance by , 20 , the home shall then be listed for sale at a reasonable price, and all reasonable offers to purchase the home shall be accepted.
(2) Mobile Home - The parties’ mobile home, which is described as a , with Vehicle Identification Number (VIN) of shall be transferred to the . The shall be responsible for all loan payments on the mobile home after the date of .
(3) Vehicles - The vehicles owned by the parties shall be transferred or retained as follows:
PROPERTY DIVISION. If the intended marriage shall be terminated by a decree of dissolution, divorce or there is a legal separation or annulment, Bride agrees in the division and disposition of the matter not to seek, demand or accept any portion or share of Groom's Separate Property. Bride shall be entitled to Bride’s Separate Property and one-half (1/2) of the Net Marital Estate. Legal Obligation of Support or Maintenance. Preliminary/Temporary Spousal Support, Attorneys’ Fees, and Litigation Related Expenses. Bride hereby waives any right to receive any temporary spousal maintenance or support, alimony, preliminary attorneys’ fees, litigation expenses, or the fees of any expert, including but not limited to, appraisers, accountants, or child custody evaluators. Final Spousal Support, Attorneys’ Fees and Expenses. Bride hereby waives any right to receive any permanent spousal maintenance or support, alimony, final attorneys’ fees, litigation expenses, appraisers’ fees, accountants’ fees, child custody evaluators’ fees, fees related to any appeal, incapacity-based maintenance, and all other types of alimony, maintenance, and spousal support from Groom, unless expressly provided under this Agreement. The parties, however, do not intend this Agreement to limit the Court's authority to order child support payments for the parties' child(ren) in the event of a dissolution of their marriage or legal separation.
PROPERTY DIVISION. The parties agree it is fair to divide the property as follows: PROPERTY TO WIFE. The wife shall be awarded the following: [ ] Motor vehicle(s): (make, model and year); [ ] Household furnishings, clothing and personal items currently in the wife's possession; [ ] *Retirement/profit-sharing/deferred compensation plans in her name (identify the type of interest, the plan name and what portion of the plan is awarded) [ ]Cash and deposit accounts in her name (names of institutions and types of accounts and account numbers, if known) [ ] Other personal property in her name or in her possession(list items or types of property) [ ] Property now in possession of the husband which is to be delivered to the wife: Arrangements cfokr-up or delivery of this property are as follows: [ ] Cash payment from husband to equalize marital estate in the amount of $ . [ ] Payment to be made on or before(date) OR [ ] Wife acknowledges receipt of this amount from husband. [ [ ] ] Motor vehicle(s): (make, model and year);Household furnishings, clothing and personal items currently in the husband's possession; [ ] *Retirement/profit-sharing/deferred compensation plans in his name (identify the type of interest, the plan name and what portion of the plan is awarded) [ ] Cash and deposit accounts in his name(names of institutions and types of accounts and account numbers, if known) [ ] Other personal property in his name or in his possession(list items or types of property) [ ] Property now in possession of the wife which is to be delivered to the husband: Arrangements fliovrerdye or pick-up of this property are as follows: [ ] Cash payment from wife to equalize marital estate in the amount of $ [ ] Payment to be made on or before(date) OR [ ] Husband acknowledges receipt of this amount from wife.
PROPERTY DIVISION. [Check and complete only one of these, either (a) or (b). Do not check both (a) and (b)]