Van Der Zee v. Borsboom
No binding separation agreement was formed. Of the $50,000 paid to buy the Condominium, $21,500 is excluded property and $28,500 is family property. Family assets net of family debt (line of credit at separation $8,016.36 and property tax arrears $2,943.46) yield $58,540.18 to be divided; respondent is credited occupational rent $16,800 (one‑half of assumed $800 monthly rent for 42 months) prior to division, leaving $41,740.18 to be split equally. Respondent must reimburse claimant $5,000 of instalments received. Claimant may buy out respondent by paying specified amounts within 30 days; othe…
Source excerpt
- Division of family property
- Excluded property (s.85 fla)
- Unequal division (s.95 fla)
- Occupational rent
- Separation agreement
- Enforcement of transfer of title