There are many types of property that married couples might own as part of their community property estate. In most divorce cases, the primary residence needs to be divided. Depending on the situation, a married couple may also own investment real estate, a vacation or second home or even time-share properties. Each of these assets presents unique valuation and division issues in a divorce.
An experienced divorce attorney can help divorcing couples determine the best and fairest way to go about splitting real estate in a divorce. Often, selling the property and dividing the funds between the two parties is the easiest way, but if one of both individuals want possession of a property, then the matter must be decided by a judge or through the arbitration process, with one of the key issues being the fair market value of the property.
The skilled attorneys at Orsinger, Nelson, Downing & Anderson have years of experience in divorce and real estate division. They can help you find a solution, no matter how amicable or contentious your property division issues may be. To find out more about the various types of properties and how best to divide them, we invite you to click through the links below or call our offices to speak with a Texas real estate divorce specialist.