More details to this question:
Recently divorced-judge signed off on divorce July 14,2021- Wording about property settlement is as follows : “It is further ordered and decreed that marital property issues and issues have been previously settled as specified in the parties ‘ marital property settlement agreement , which was executed by by the parties on the 25th day of June 2021. The attached marital property settlement agreement is hereby incorporated into the final decree of divorce. Ex husband keeping house. We agreed he had 3 months to refi our current mortgage. Does it go by June 25 OR the date the judge signed off on the divorce which was July 14?
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A property settlement agreement is a contract like any other. Accordingly, the terms in the agreement govern the rights and obligations of the parties. When I draft an agreement, it contains a definition for the effective date which is the date the agreement is signed by the last one to do so. However, some obligations and conditions are scheduled for a certain time after an event, such as the divorce decree.
I would be happy to review the agreement for you to answer the question.
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Matthew R. Nahrgang, Esquire
35 Evansburg Road, Ste 400
Collegeville, PA 19426
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Answered on Aug 13th, 2021 at 9:11 AM