Marital Home

In divorce law, a marital home is defined as the primary residence once shared by a divorcing couple as a home. In most cases, the marital home is the most valuable asset at stake during the distribution of property. Factors such as mortgage liabilities and other outstanding financial considerations regarding a home, however, may make obtaining the martial home an unwanted arrangement as well. Again, decisions in divorce cases are always case-specific. Terms for transferring control of the marital home to one spouse typically involve the other spouse's name being removed from all financial liability regarding the home, as well as a specific date that this must occur by, too.

Fast Facts

  • In divorce courts, judges often try to keep children in the same environment they were involved with prior to the divorce, which is typically the marital home.
  • A martial home may also be sold off and the proceeds split between two opposing parties.

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