Property settlement with ex, also own property with another party

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karati

Member
16 January 2018
2
0
1
I am in the process of arranging a property settlement with my ex (separated). We own 1 property PPOR (Property 1) together which should be straight forward to resolve.

I am named on a joint loan for another property (Property 2) with a member of my ex's family. My ex has no involvement in this property/loan.

How is Property 2 treated in relation to the property settlement?
 

Rod

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27 May 2014
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I am named on a joint loan for another property (Property 2)

Is your name on the title as well?

The loan will be listed as a marital debt, and your share of the property if on title as a martial asset.
 

karati

Member
16 January 2018
2
0
1
Is your name on the title as well?

The loan will be listed as a marital debt, and your share of the property if on title as a martial asset.

Yes I am on the title, tenants in common, 3 owners, equal share.