If you and your former spouse had purchased or invested in a real estate with the intention of generating income, you may have questions as to how to move forward with these properties following your divorce. At Rose Sanders Law Firm, we care about our clients’ financial investments, and strive for them to walk away from their divorce with appropriate financial compensation.

Investment properties, such as rental homes or apartment buildings, are acquired with the goal of generating income. In a divorce, dealing with these properties requires detailed and meticulous work. 

Both parties may need to determine the property's classification as community or separate property in court. Texas is a community property state, which means that property acquired during the marriage is typically considered jointly owned by both spouses.

When it comes to investment properties, the court generally has two options:

1.   Award the property to one spouse, or
2.   Order the property to be sold.

The court's decision can significantly impact an individual's life and financial stability.

Contact The Rose Sanders Law Firm today for more information or to schedule a consultation.