MenuMany couples who are thinking of separating are unclear about how family law determines division of the family property – including cottages and rental property.
Once someone decides to move out of the matrimonial home and live in a different residence, the biggest question they might have is whether the separation impacts property division. The answer depends on whether the separation is temporary or permanent.
A trial separation does not impact property division. This is because rights and obligations relating to division of property get triggered not during a relationship, but after there has been a permanent separation.
Read the full article in Real Estate Magazine.