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Real Estate Issues in Divorce
Divorce proceedings oftentimes involve real estate. The real estate could be a non-marital home, a marital home or an investment property. Real estate can be sold in the course of a divorce proceeding subject to agreement of the parties and/or authority from the Court. A divorce case can be concluded without all real estate being sold or divided up, including pursuant to any settlement agreement.
There can be a provision for real estate being sold after the divorce, with said agreement addressed in any Judgment of Dissolution of Marriage or Marital Settlement Agreement, including in regard to methodology of sale, timing and proposed division of any net sales proceeds.
Grounds for a fault divorce in Illinois are impotence, bigamy, adultery, desertion for one year, habitual drunkenness or drug addiction for at least two years, repeated and extreme physical or mental cruelty, felony conviction or imprisonment, and infection with a sexually transmitted disease.
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