Marital property is defined as property acquired from the date of marriage to the date of separation and includes any increase in value of any assets acquired prior to the date of marriage. Accordingly, the equity earned during the marriage is marital. You can sell the house without his consent, but he can obtain a court order to prevent that and seek that any proceeds be placed in escrow pending settlement or equitable distribution. If he does not file such a Petition, I strongly suggest that the proceeds be put into a separate account so that it will be easier to account for and distribute any marital property.
I trust this answers your question, and if you are in the Delaware Valley, do not hesitate to call or email on a free initial basis.
Best Regards,
Matthew R. Nahrgang, Esquire
35 Evansburg Road, Ste 400
Collegeville, PA 19426
(610) 489-3041 o
(610) 489-3042 fax
nahrganglaw.com
Answered on Nov 08th, 2021 at 10:39 AM