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Crunching the numbersby Firmbee.com
Property Division
Questions

How does a lien on real estate work in securing a settlement payment for the non-retaining spouse?

A lien can be placed on the property to secure the settlement payment, ensuring that the non-retaining spouse has a legal claim to the owed amount. This lien remains until the settlement is fully paid, providing security if the retaining spouse defaults. In case of default, the non-retaining spouse can enforce the lien, potentially leading to foreclosure or forcing a sale to recover the owed amount.

Need More Details
Resource

Post Real Estate

Learn the steps, considerations and potential challenges with transferring or handling real estate after a divorce is final.

Resource

Real Estate

Walk through various considerations when valuing, dividing or buying out equity in real estate.

Resource

Balance Sheet

Learn about a balance sheet and how it can help you in the property division analysis.

Resource

Post-Divorce Intro

Learn about steps and tasks that need to be completed to implement the agreements outlined in the decree after the divorce is final.

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