MARITAL HOME Sample Clauses

MARITAL HOME. At the time of writing this Agreement, the Couple: (check one) ☐ - DO NOT own a home, either separately or jointly. ☐ - OWN a home, either separately or jointly, at the property address of: _____________________________________________ (“Marital Home”). The Marital Home is currently owned by: (check one) ☐ - Husband ☐ - Wife ☐ - Both Spouses The following currently lives at the Marital Home: (check one) ☐ - Husband ☐ - Wife ☐ - Both Spouses The Marital Home shall be: (check one) ☐ - Placed for sale as part of this Agreement. ☐ - Not placed for sale.
MARITAL HOME. At the time of writing this Agreement: (check one) ☐ - The Couple Does Not own a home, either separately or jointly. ☐ - The ☐ Husband ☐ Wife ☐ Couple Owns a residence at the property address of: _________________________________________ (“Marital Home”). In the event of Divorce, the Marital Home shall be owned by the: (check one) ☐ - Husband ☐ - Wife ☐ - Couple (jointly)
MARITAL HOME. The real property is legally described as: and shall remain in the exclusive possession of the Husband the Wife for the following reasons and with the following conditions below, including time period of exclusive possession:
MARITAL HOME a. The Parties own as tenants by the entirety a home located at ______________, _______________, Massachusetts (the “Marital Home”), which is currently encumbered by a mortgage. Within thirty days after the approval of this Agreement by the Court, the Parties shall execute a Quitclaim Deed, transferring all of their right, title and interest in the Marital Home, free of any encumbrances other than the mortgage, to the [Husband/Wife]. The Parties shall share equally the cost of preparing and recording the Quitclaim Deed. The [Husband/Wife] waives any claim to any real estate tax escrow or any unearned premium on the home owners insurance. b. From and after the date of this conveyance, the [Husband/Wife] shall have the exclusive right to possession, occupancy and control of the Marital Home, and shall, beginning at that time, be solely responsible for all liabilities and obligations on the property, including but not limited to the mortgage, taxes, insurance, maintenance, and utilities. The [Husband/Wife] shall indemnify the [Husband/Wife] and hold [him/her] harmless with respect to all such liabilities and expenses.
MARITAL HOME a. The Parties own as tenants by the entirety a home located at ______________, _________________, Massachusetts (the “Marital Home”), which is currently encumbered by a mortgage and equity credit line. It is the Parties’ intention to list the Marital Home for sale immediately upon the approval of this Agreement by the Court. b. The Parties shall cooperate with one another on all aspects of the house sale, including the selection of a broker, the broker’s agreement, listing price, offers to accept, and any purchase and sale contracts. In the event that the Parties cannot agree on any issue relating to the sale of the house, they shall employ the dispute resolution provisions of this Agreement. c. Upon the sale of the Marital Home, the Parties shall divide [equally] [in the following ratio: _________] the net proceeds (i.e., the sales price less capital gains taxes, closing costs, broker’s commission, mortgage and equity credit line balance, and fix-up costs).
MARITAL HOME. There is a marital home of this marriage located at: 000 Xxxx Xxxx Xxxxxx, Xxxxxxx, Xxxxxxxxxx 00000, with a legal description of: Third house on west side of Washington Street facing east on the 2400 block of phase (3) three of Shady Trees Housing Development. The parties have agreed that this real estate will not be sold and each party will remain as co-owners. Any future sale of this real estate will not take place unless both parties agree. The parties agree that Wife will reside in the above mentioned real estate and the expenses be disbursed as follows: Husband shall be responsible for paying 50% of the monthly mortgage payment of said real estate. Wife shall be responsible for paying 50% of the monthly mortgage payment of said real estate. The parties agree that the Husband will be responsible for sending the mortgage payment(s) to the appropriate financial institution on timely basis. All penalties will be paid by the party delinquent on payment. The parties agree the Husband will be responsible for paying 50% and the Wife will be responsible for paying 50% of the monthly expenses which include, but are not limited to; real estate taxes, school taxes, routine maintenance, repairs, and insurance. The parties agree that the Husband will be responsible for sending the real estate tax payment(s), insurance payment(s), and routine monthly expenses to the appropriate agencies by the designated due date. All penalties will be paid by the party delinquent on payment. In the event either party defaults in the payment of the mortgage, the party not in default shall have the right to make payments and on delivery of an executed paid receipt by the mortgagee, the default party will be responsible for reimbursment of the default amount.
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MARITAL HOME. At the time of writing this Agreement, Husband or Wife or Couple Owns a residence at the property address of: __________________ (“Marital Home”).In the event of Divorce, the Marital Home shall be owned by the: Husband or Wife or Couple (jointly)
MARITAL HOME. At the time of writing this Agreement, the Couple owns a home, either separately or jointly, at the property address of 5021 Cedar Ave, Phxxxxxxxxxx, Xxxxxxxxxxxx, 00000 (“Xxxxxxx Xxxx”). a.) Ownership. The Marital Home is owned by Both Spouses. b.) Resident(s). Currently, both Spouses live at the Marital Home.
MARITAL HOME. The parties agree _________________ will remain in the home located at _________________, _________________, _________________ _________________ and have sole and absolute ownership of the same. _________________ will not continue to be bound for all mortgages on the property.
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