Charleston · Selling
How is the money split when you sell a house in a divorce?
Money from a divorce-related home sale gets split according to the divorce settlement agreement or a court's equitable distribution order, not automatically split evenly by default in South Carolina. The mortgage payoff, commission and closing costs come out of the sale proceeds first, with whatever remains divided per that agreement or order. Brian Beatty provides a net sheet showing the total proceeds so both spouses and their attorneys work from the same figure.
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