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Sunday 9 November 2014

Property disputes


Family Law - Alteration of property interests

The Family Court and the Federal Circuit Court (FCC) have the power to make Orders for the alteration of property interests of the parties to a marriage and/or parties to a de facto relationship.

The Courts can make different types of orders, depending on what assets are available for division.  Examples can include:

·         An order that one party transfer an interest in property to another;

·         An order for the sale of the property and the distribution of the proceeds of sale to one or either of the parties; and

·         An order that one party pay to another party a sum of money.

Generally parties enter into property settlements after separation, however an order for property settlement can be made even if the parties are not separated.

The Family Law Act requires parties to make a genuine effort to resolve their property settlement dispute prior to filing an application for property orders and may be called upon to demonstrate that they have taken this step prior to filing their application.
For help with a Family Law dispute, contact the team at G&B Lawyers.

Level 11, 65 York Street, Sydney, NSW 2000

Mail: GPO Box 1849, Sydney, NSW 2001

M: 0481 287 528

E: info@gandblawyers.com.au

W: www.gandblawyers.com.au


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