What is a Matrimonial Home property transfer?
A matrimonial home property transfer refers to the legal process of transferring ownership of the property that was used as the family home during a marriage relationship. This property transfer may occur during the marriage or following separation or divorce.
In Ontario, 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 separation agreement or ordered by the Court as part of a proceeding.
If you need assistance with your matrimonial home transfer or to discuss the above please contact the team at Delaney’s Law Firm by phone at 613-233-7000 or by email at info@delaneys.ca. Their real estate team is happy to assist.