Property Division Calculation Guide

Summary

To determine a fair division of property and loans, consider the current property value, remaining mortgage, and individual contributions. Calculate the net property value by subtracting the mortgage from the propertys current value. Assess each partys contributions to the mortgage and cash loans. If one party takes over the mortgage, they should compensate the other for their share of the net property value and contributions. Consulting a legal professional is recommended for precise calculations and equitable division.

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Can you roughly calculate this for me and give me the possible amounts and who has to pay the money back to whom, taking into account these amounts, i.e. PLN * left to repay the loan, I leave the house, the loan goes to the other person, and what about the one with the cash loan of PLN *,* paid, do I have to pay anything back since the real estate has now increased by almost PLN *,*?
To roughly calculate the division:
*. Net Property Value:
- Current Property Value: PLN *,*
- Remaining Mortgage: PLN *,*
- Net Value: PLN *,* - PLN *,* = PLN *,*
*. Loan Contributions:
- Your Contribution: Half of house installments + full cash loan installments (PLN *,* cash loan).
*. Equitable Division:
- If you leave the house and the other person takes over the mortgage, they should pay you for your share of the net property value and contributions.
- Calculate your share based on the payments you made and the property value appreciation.
For precise calculations, consulting a legal professional is recommended. Would you like help finding a lawyer for detailed advice?
To roughly calculate the division: *. Net Property Value: - Current Property Value: PLN *,* - Remaining Mortgage: PLN *,* - Net Value: PLN *,* - PLN *,* = PLN *,* *. Loan Contributions: - Your Contribution: Half of house installments + full cash loan installments (PLN *,* cash loan). *. Equitable Division: - If you leave the house and the other person takes over the mortgage, they should pay you for your share of the net property value and contributions. - Calculate your share based on the payments you made and the property value appreciation. For precise calculations, consulting a legal professional is recommended. Would you like help finding a lawyer for detailed advice?
To calculate a fair division, consider:
*. Net Property Value: PLN *,* (after mortgage deduction).
*. Your Contributions: Half of mortgage installments and full cash loan payments.
*. Appreciation: Property value increased by PLN *,*.
You may be entitled to a portion of the appreciation and your contributions. Consulting a local lawyer would ensure accurate calculations. Would you like assistance finding a lawyer?