Exclusive Possession of Matrimonial Property

division of property

One key area of contention in a divorce is the division of property. One of the main reasons why it is a contentious area is because of the sweat, blood and tears that goes into building up assets during a marriage. In some instances, spouses spend decades of their lives building businesses and accumulating assets in order to leave a strong legacy for their families. The same is true for spouses who may not have much financially; the only difference is that the focus is often the matrimonial home. The matrimonial home is an area of contention mainly because of the vast number of memories associated with it. This article will discuss the circumstances under which a spouse gets exclusive possession of the matrimonial home.