Elgin, IL asked in Divorce for Florida

Q: In a Dissolution of Marriage when a home is one of the assets, who sets the selling price of the home?

The Husband is solely responsible for the Mortgage but both are on the Title.

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1 Lawyer Answer
Mr Eric Klein
Mr Eric Klein
Answered
  • Boca Raton, FL
  • Licensed in Florida

A: A very good question. You would both mutually agreed to a price based on either an appraisal or a broker's opinion of value. In the event you cannot come to an agreement on a listing price, you would go into court and have the judge set the price. The same concept applies when you receive an offer. Good luck!

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