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What Happens To Your Property When You Get Divorced In Singapore? It’s Not As Simple As You Might Think
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TheFinance.sg
What Happens To Your Property When You Get Divorced In Singapore?
For many couples, the home is not just their largest financial asset, it is also where family life was built.
Once decisions and agreements are made, the divorce is finalised with a court order, which also includes the percentage division of assets.
Thereafter, all property decisions made will be based on the agreed percentage each owner owns.
When going through a divorce, the most clear-cut way is to sell the property on the open market, and the division of assets happens once the sale is made, according to the court order.