PC: AI Generated
If money remained, the husband would receive $10,000, and the wife would receive the rest.
The settlement agreement said that, if the home was sold, the proceeds would first be used to pay mortgages. After reconciling, the couple did not cancel the quitclaim deed.
A Florida couple’s second divorce led to a dispute over a home worth about $430,000, years after they had reconciled and ended an earlier divorce case. When the husband filed for divorce again in 2023, the wife argued that the home should remain her nonmarital property. The couple married in 1997 and bought the home in 2011 from Jacqueline Leavitt. The purchase involved an informal mortgage of $75,000, documented in a note signed by both spouses. It required 20 annual instalments of $5,400, including 4% interest, starting in April 2012. In January 2017, they entered a marital settlement agreement stating that the home was the wife’s sole property.
The property was correctly classified as a marital asset because the transfer occurred while the marriage remained intact, according to Florida’s Fourth District Court of Appeal. During the first proceedings, the couple signed a quitclaim deed transferring the home to the wife alone. They also signed a corrective deed to fix its legal description.
Both later told the court that no payments had been made. A marital settlement agreement also described the home as her sole property. But the couple later reconciled, and their first divorce action was dismissed. The first case was later dismissed after the couple reconciled.