Oklahoma City Oklahoma Marital Domestic Separation and Property Settlement Agreement no Children parties may have Joint Property or Debts where Divorce Action Filed

State:
Oklahoma
City:
Oklahoma City
Control #:
OK-DO-2
Format:
Word; 
Rich Text
Instant download

Description

This Marital Domestic Separation and Property Settlement Agreement is a Separation and Property Settlement for persons with no children. The parties do have joint property or debts. This form is for use when a divorce action is pending to resolve all issues. It contains detailed provisions for the division of assets and the payment of liabilities.
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  • Preview Marital Domestic Separation and Property Settlement Agreement no Children parties may have Joint Property or Debts where Divorce Action Filed
  • Preview Marital Domestic Separation and Property Settlement Agreement no Children parties may have Joint Property or Debts where Divorce Action Filed
  • Preview Marital Domestic Separation and Property Settlement Agreement no Children parties may have Joint Property or Debts where Divorce Action Filed
  • Preview Marital Domestic Separation and Property Settlement Agreement no Children parties may have Joint Property or Debts where Divorce Action Filed
  • Preview Marital Domestic Separation and Property Settlement Agreement no Children parties may have Joint Property or Debts where Divorce Action Filed
  • Preview Marital Domestic Separation and Property Settlement Agreement no Children parties may have Joint Property or Debts where Divorce Action Filed
  • Preview Marital Domestic Separation and Property Settlement Agreement no Children parties may have Joint Property or Debts where Divorce Action Filed
  • Preview Marital Domestic Separation and Property Settlement Agreement no Children parties may have Joint Property or Debts where Divorce Action Filed
  • Preview Marital Domestic Separation and Property Settlement Agreement no Children parties may have Joint Property or Debts where Divorce Action Filed
  • Preview Marital Domestic Separation and Property Settlement Agreement no Children parties may have Joint Property or Debts where Divorce Action Filed
  • Preview Marital Domestic Separation and Property Settlement Agreement no Children parties may have Joint Property or Debts where Divorce Action Filed

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FAQ

The division of property during a divorce in Oklahoma is based on the principle of ?equitable property?, which holds that property should be divided equitably based on each spouse's contribution to marital property, and in the best interest of your children.

Separate Property and Marital Property Separate property is property that a spouse owned prior to marriage, any gifts from a third party to one spouse, inheritance and any legal settlements received during marriage. For example, your best friend gave you a birthday present, that is your separate property.

The separation of property may refer to present or future property or both and it may be total or partial separation. In the latter case, the property that was not agreed upon to be separate, shall pertain to the absolute community of the spouses.

Oklahoma is a community property state. That means all marital property is owned equally by both parties. However, Oklahoma also allows spouses to hold property as joint tennants, or tennants in common. The latter form allows disproprtionate ownership shares by more than one party.

Can my wife or husband kick me out of the house? No, your spouse cannot force you to leave the family home if you do not want to. Even if the house is in your spouse's name, they cannot simply make you leave as you normally have the right to stay in the property.

Oklahoma, along with 40 other states, is classed as an Equitable Distribution state. That means that marital property (but not separate property) must be divided equitably, or fairly, either through a joint agreement by both spouses or, failing that, by the court.

Separate property is property that is owned by one spouse and not the other. There are two categories of marital property; community property, and separate property. Community property is when spouses share all property equally.

If your spouse does not agree to leave the house, the only other ways to remove them from the house is through legal action, either by calling the police, applying for a protective order, or divorce. You cannot otherwise evict your spouse from their homestead.

Oklahoma's equitable distribution law allows each divorcing spouse to retain ownership of their separate property in a divorce. Separate property generally includes any assets a spouse owned before marriage. However, there are some exceptions to this rule, including gifts and inheritance received during the marriage.

It is possible to have your spouse move out during divorce from the family home in Oklahoma. However, they may be reluctant to leave. Your spouse's divorce attorney may advise your spouse not to leave because of possible consequences that result when one spouse leaves the marital home.

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Oklahoma City Oklahoma Marital Domestic Separation and Property Settlement Agreement no Children parties may have Joint Property or Debts where Divorce Action Filed