How is real property divided in a divorce?

Real property is land and anything permanently attached it, such as a house or other buildings. If real property was purchased during the marriage, it will generally be considered marital property, even if only one spouse's name is on the deed. If the parties cannot agree on who will receive the real property, the court may order that it be sold and the money from the sale divided fairly between the parties. Often, one party will buy out the other by giving them what they would have gotten if the property had been sold. Sometimes, the court may order a party to refinance the mortgage to extinguish the other party’s financial obligation to pay the debt.  Call Fair Price Lawyers today at (801) 999-0104 for a consultation with a Utah family law attorney.