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Real estate is real property and includes land
and the buildings permanently affixed upon that land. Wisconsin
divorce law provides no special rules about real estate,
real property, the family home, or even personal property.
Real estate is treated the same as all other property - it
is an asset of the marriage. As with all assets of the marriage,
the aggregate of all assets must be divided between the spouses.
The division of all property is stated in the marital
property agreement.
All assets, including real property, and both
the primary home, as well as vacation homes, must be listed
on the financial disclosure
statement for both spouses. Even if you and your spouse
stipulate the terms of your divorce, those assets must be
listed on the financial
disclosure form. (Your
attorney can request your file sealed so that the information
about your assets is not made available to the public).
Referenced Related Topics:
Financial Disclosure
Form | Marital
Property Settlement Agreement
Attorney Kathleen
Reiley | Wisconsin
Divorce Law
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