The disposition of real property, specifically the marital home, is a common and often contentious issue in dissolution proceedings within the state. Several factors influence the court’s decision regarding which party, if either, will retain ownership. These considerations aim to achieve an equitable, though not necessarily equal, distribution of marital assets.
The fair distribution of assets addresses various needs and circumstances that arise from the ending of a marriage. Securing suitable housing is paramount, especially when children are involved. Furthermore, contributions made during the marriage, both financial and non-financial, are considered. The length of the marriage and the economic circumstances of each party post-divorce play crucial roles in determining who maintains possession of the primary residence.