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Difference between revisions of "Basic Principles of Property and Debt in Family Law"
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Basic Principles of Property and Debt in Family Law (view source)
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=====The effect of the Separation===== | =====The effect of the Separation===== | ||
Section 81(b) of the ''Family Law Act'' states: | |||
<blockquote><tt>on separation, each spouse has a right to an undivided half interest in all family property as a tenant in common, and is equally responsible for family debt.</tt></blockquote> | <blockquote><tt>on separation, each spouse has a right to an undivided half interest in all family property as a tenant in common, and is equally responsible for family debt.</tt></blockquote> | ||