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Characterizing Real Estate Property in Divorce

Do you own one or more pieces of valuable real estate property? If you are about to embark on the divorce process, you will want to be represented by an attorney who has established winning strategies to help you make the best decisions possible regarding the division of real estate property. And once the decisions are made, your attorney should also have the proficiency to secure the results you want based on those decisions.

For more than 30 years, Robert J. Moraitis has helped real estate owners, developers and others obtain favorable outcomes in high net worth divorce cases. If you own property in any capacity — as a developer, as a commercial landlord, as a business owner — speak with a lawyer at Moraitis & Raimondi, LLP, to learn more about how we can help.

Is Your Real Estate Marital Property?

In Florida, marital property is divided fairly in a process known as equitable distribution. The property will first need to be identified as separate or marital property. Real property is nearly always characterized as marital property and will thus be divided equitably.

Our divorce attorneys handle many types of residential and commercial real estate property, including what is related to a family-owned business. We are well-versed in the various stages a property may be at. For example, some property may be fully developed and generating income. Other types of property may not yet be developed and is the future site for residential or commercial buildings.

Real estate property is valuable, and for many reasons, it can be the cause of complex and contentious property division. Our lawyers apply practical strategies, helping our clients determine the most advisable path to take. Do you want to maintain control of the property? Are you willing to sell the property? How will these decisions factor into other financial elements in your divorce?

We will explore your answers to these questions and fine-tune our legal strategies to develop a comprehensive plan for your entire divorce settlement agreement.