Real Estate

Jointly or individually owned property

Real estate transactions on jointly and individually owned property are complex and may create problems. Mediation will successfully resolve issues concerning:

  • Transfer of title/deed to the property
  • Responsibility for outstanding lien, mortgage, or equity line of credit
  • Legal future ownership
  • Determining the fair market value of a property for a current or future buy-out
  • Determining the division of net proceeds upon a sale, with consideration of investments for maintenance and/or improvements to the property
  • Responsibility for capital gains taxes
  • Expenses incurred to prepare a property for sale to a third party
  • Division of personal property (furniture, appliances, etc.)