Divorce and cars: how to divide a car by law – three options.
The rules for dividing property during a divorce are quite simple when it comes to a car. Lawyer Olesya Grodovska explains that there are cases when the car is not divided between the ex-spouses.
In what cases a car is not divided during a divorce
A car that was purchased with the personal funds of one spouse, received as a gift, or inherited, remains the personal property of that person and is not subject to division. Even if the other party used the car as a family vehicle, in this case, they do not have the right to claim this property.
How to divide a car during a divorce
The division of a car can be carried out by agreement or through court. A car is considered indivisible property, so the division can be accomplished by:
- Leaving the car to the property of one spouse with compensation payment of 50% of the car's value to the other;
- Selling the car and splitting the funds;
- Leaving the car to one spouse while transferring other property to the other party.
If the car has already been sold, one can go to court for monetary compensation. Also, if necessary, one can familiarize themselves with the information about the division of an apartment during divorce and the costs of divorce through the civil registry office.
Consulting specialists, it is important to remember that in the event of a divorce, each party has the right to a share of the common marital assets, including the car, which can become a subject of disputes or agreements.
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