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May 30, 2022 · 4. Stridhan –. Stridhan is movable property over which the wife has all claims including but not limited to jewelry, cash, cards, etc. The gifts and jewelry given to a wife during the time of her marriage constitute stridhan and post-divorce also, the wife has full claim over it.
Mar 27, 2023 · Principles on which the division of the property is based: 1. Equity: The principle of equity governs the division on the fact that requires it more. 2. Ownership: On the basis of ownership, the acquisition of property is made on the fact. that who owns the title or in whose name the property is registered. 3.
May 21, 2021 · Section 27 of the Hindu Marriage Act, 1955. After divorce, when the Hindu married couple isn’t able to divide the marital property among them amicably due to an absence of a possible agreement, the competent court distributes the property as per Section 27 of the Hindu Marriage Act, 1955. The court needs to divide the shares of the property ...
- Rachit Garg
Apr 7, 2024 · Husband & Wife joint holder's in a residential property. In case a couple registers a residential property in joint name, in the event of divorce woman will keep her 50% part and she will also get half of her husband's share in the house, so 75% wife and 25% husband. Talk to a Lawyer.
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Dec 21, 2023 · 1. Decide if real estate will be sold or divided. If both parties agree to a sale of jointly owned property, you should contact a real estate agent as soon as possible and begin the process of appraisals, valuation, and staging it for sale. [10] 2. Consider if a transfer of equity is the best option.
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Divorce attorneys are adept negotiators who assist with the property division process. They negotiate a just and agreeable settlement with the other side or legal representation. Attorneys can use a range of tactics to help negotiate, including examining trade-offs, suggesting alternative asset allocations, and addressing issues with particular assets.
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Apr 5, 2024 · The division of shared property during a divorce depends on the regulations of the state where the divorce is filed. States generally follow either a community property system, treating all assets acquired in the marriage as jointly owned and equally divided, or an equitable distribution system, which aims for a fair but not necessarily equal allocation of assets.