“Fair” doesn’t necessarily mean “equal,” as the divorce settlement may take things like income disparity into consideration. When going through the stress of a divorce, many people don’t think about things like having the well and septic system tested. If there are hidden problems with those or other things, the partner who keeps the house may find themself suddenly facing a heavy financial burden for repairs. Title 5 septic results are valid for two years but can be extended to three years if the system is pumped annually. Experienced real estate agents will be a huge help in navigating the process as they often are knowledgeable in divorce law as it pertains to real estate.

Source: Forbes March 12, 2024 02:35 UTC