Richard Allan Nocks, Esq., is a New Jersey attorney committed to representing clients in Family Law cases. Focusing on Divorce, Post-Divorce, and all other aspects of Domestic Relations, we use our expertise and skills to fully meet our clients’ unique needs and concerns.
Assets purchased by non-married couples
You don’t have to be married to your “significant other” in order to purchase assets, such as real estate. Oftentimes, people buy things with their significant other even though they are not married. So when they end their relationship, these assets need to be divided. However, they are not divided by the Family Court. Rather, if the parties cannot work out their differences amicably, they will have to go to either the Chancery Division Court or Law Division Court depending on the issues. If the problem concerns an asset such as real estate, either party can file for a Partition of the property in the Chancery Court. Unless someone thinks of a creative solution, the real estate is either listed for sale on the open market or one party may buy out the interests of the other. If the problem mostly concerns money or cash, then one party would sue the other one in the Law Division, just like in any other lawsuit, and seek monatary damages. .
