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The Equity Release Council is the UK's equity release industry body that sets standards to protect consumers. Its members commit to following a set of five product standards: fixed or capped interest rates (for lifetime mortgages), the right to remain in the property, the right to move to another property, the ‘no negative equity guarantee ...
Splitting equity in a divorce can be tough, both emotionally and financially. Whether you decide to sell the house, buy out the other party, or agree to own it together, each option comes with a ...
Transfer of equity is an English legal term for the process where the ownership of a share or interest in a property is transferred from one entity to another, a partial conveyance. [ 1 ] Transfers of equity can take place for multiple reasons.
A qualified domestic relations order (or QDRO, pronounced "cue-dro" or "qua-dro"), is a judicial order in the United States, entered as part of a property division in a divorce or legal separation that splits a retirement plan or pension plan by recognizing joint marital ownership interests in the plan, specifically the former spouse's interest in that spouse's share of the asset.
The Illinois Compiled Statutes (ILCS) are the codified statutes of a general and permanent nature of Illinois. [ 1 ] [ 2 ] The compilation organizes the general Acts of Illinois into 67 chapters arranged within 9 major topic areas. [ 3 ]
Illinois and Massachusetts: Legislation passed in both states allow married women equal rights to property and custody of their children. [25] Circa 1870. Illinois passes another law banning the sale of drugs that could cause induced abortions, allowing an exception for "the written prescription of some well-known and respectable practicing ...
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When California first enacted divorce laws in 1850, the only grounds for divorce were impotence, extreme cruelty, desertion, neglect, habitual intemperance, fraud, adultery, or conviction of a felony. [28] In 1969-1970, California became the first state to pass a purely no-fault divorce law, i.e., one which did not offer any fault divorce ...