What is a Matrimonial home property transfer?

A matrimonial home property transfer refers to the legal process of transferring ownership of the home that was used as the family home during a marriage or common-law relationship. This property transfer may occur during the marriage or following separation or divorce.

In many jurisdictions, the matrimonial home is afforded special legal protection to ensure that both spouses have an equal right to remain in the home and to prevent one spouse from selling or mortgaging the home without the consent of the other spouse.

During a divorce or separation, the transfer of ownership of the matrimonial home may be necessary to divide the property between spouses. This transfer may be part of a property settlement agreement or ordered by a court as part of a divorce settlement.

The process of a matrimonial home property transfer may require legal documentation such as a separation agreement or court order, and may involve the assistance of legal professionals such as lawyers and real estate agents. It is important to consult with legal professionals to understand the laws and regulations related to matrimonial home property transfer in your jurisdiction.