Division of property
The division of property after a divorce can be more difficult than the divorce itself, especially when a flat, a business or joint loans are involved. We help clients in Gdańsk, Gdynia and throughout the Tri-City divide their property fairly, amicably or before the court.
How to divide property after a divorce?
Assets can be divided in two ways: by agreement before a notary or in court proceedings. Division by agreement is faster and cheaper, but requires the full consent of the former spouses as to the components and value of the assets; for real estate, the form of a notarial deed is required. When agreement is not possible, the case is decided by the court at the request of one of the parties.
What is subject to division is the joint marital property, that is, as a rule, what was acquired during the marriage. Items belonging to personal property, e.g. acquired before the marriage or by way of gift and inheritance, are not subject to division. We help establish the composition of the estate and choose the most advantageous course of action.
How much does a court division of property cost?
The court fee on an application for the division of assets is 1000 zł, and with an agreed division plan only 300 zł. This shows how worthwhile it is to reach an agreement before entering the courtroom. In the case of division by agreement before a notary, the cost is the notarial fee, which depends on the value of the assets.
In disputed matters, the costs of expert opinions arise, e.g. of a valuer appraising the property. During the free case analysis we advise how to minimise costs and whether an amicable division is realistically achievable.
Is property always divided in half?
The rule is an equal division, that is, in half, but it is not an absolute rule. The court may establish unequal shares if one of the spouses flagrantly failed to contribute to the creation of the property or squanders the joint assets. The input of personal work, including raising children and running the household, is also relevant here.
The settlement also takes into account expenditure from personal property on joint property and vice versa, for example funds from a gift used for a joint flat. These settlements can be complicated, which is why it is worth ensuring proper documentation and the support of a lawyer.
What about the flat and the joint loan?
The most common scenario is awarding the apartment to one of the spouses with the obligation to buy out the other. In the division-of-assets proceedings, the court divides the asset components, while the mortgage loan itself towards the bank remains an obligation of both spouses until the bank releases one of the parties from the debt. This is a key issue that must be settled with the bank separately.
- determination of the value of the property and the amount of the settlement payment,
- arranging the assumption of the loan and an application to the bank,
- securing the interest of the party being paid off.
We handle such cases comprehensively, so that no unsettled obligations remain after the division.
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Frequently asked questions
When can a petition for the division of property be filed?
Is it possible to divide property without a divorce?
What is included in the joint marital property?
How long does a property division case take?
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