Wiliams Divorce & Family Law Logo

NOT SURE IF WE CAN HELP?Request your free 30 minute consultOR CALL US AT 651-332-7650

  • Home
  • Our Staff
    • Attorney Gerald O. Williams
    • Paralegal Jocelyn Daul
  • Practice Areas
    • Alimony
    • Child Custody
    • Child Support
    • Collaborative Divorce
    • Divorce
    • International Custody
    • Interstate Custody
    • LGBTQIA+ Divorce & Custody
    • Mediation
  • Billing
    • Billing FAQ
    • Flat Fee Divorce
    • Flat Fee Mediation
  • Blog
  • Courts
    • Dakota County Family Courts
    • Hennepin County Family Court
    • Ramsey County Family Courts
    • Washington County Family Court
  • Clients
    • Make Payment
    • Secure File Upload
  • About Us
    • Contact Us
    • Directions to Williams Divorce and Family Law
    • Privacy Policy

Summary Real Estate Disposition Judgment

Posted by Gerald Williams 
· February 25, 2023 
· No Comments

When parties divorce, and one of the parties keeps the marital home, the other party typically signs a quitclaim deed. The quitclaim deed is a transfer of the property without a closing. The quitclaim deed signed pursuant to divorce contemplates that there is consideration for the signing party’s relinquishment of interest in the home. That consideration may be a cash buyout, or it may be traded for another asset such as retirement funds. Or, the signing party may have an inchoate interest in the home, which is the situation when the signing party did not contribute to the equity in the home but nominally has a legal interest in the residence because of being married to the equity owner.

Whatever the case, the Summary Real Estate Disposition Judgment (SREDJ) is a document signed by the court, not one of the parties. The SREDJ encapsulates the provisions of the divorce decree that involve the real estate, without all the other provisions (including personal matters) so that it can be filed with the county recorder and provide clear title. The SREDJ is an alternative to the quitclaim deed that is especially helpful if, for whatever reason, the relinquishing party cannot or will not sign the quitclaim deed.

No Comments
Categories : Uncategorized
Previous Post →

Leave a Reply Cancel reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Recent Posts

  • Summary Real Estate Disposition Judgment
  • Custody Evaluations
  • In Camera Interviews of Children
  • Guardians Ad Litem
  • Certificate of Dissolution

Categories

  • Alimony / Spousal Maintenance (8)
  • Child Custody (42)
  • Child Support (21)
  • Co-parenting (1)
  • Court of Appeals (2)
  • Divorce (45)
  • Financial Issues (2)
  • General Family Law (53)
  • Guardian ad litem (6)
  • Interstate issues (2)
  • Mediation (5)
  • Mental Health (3)
  • Parenting Plans (1)
  • Parenting Time (17)
  • Parenting time expeditor (3)
  • Same Sex Divorce (5)
  • Uncategorized (28)
  • Uncontested Divorce (6)
Copyright © 2023 Williams Divorce & Family Law All Rights Reserved. | Privacy Policy

The content of this website is for general informational purposes only and does not constitute legal advice or an attorney-client relationship. To establish an attorney-client relationship with Williams Divorce & Family Law requires a retainer agreement signed by you and attorney Gerald O. Williams. Woodbury/St. Paul, Minnesota, attorney, Gerald O. Williams, represents clients in divorce and family law matters throughout the seven county metro area, including the communities of St. Paul, Minneapolis, Eagan, Inver Grove Heights, Cottage Grove, Maplewood, Oakdale, Lake Elmo, and Stillwater. The seven county metro area includes Washington, Ramsey, Hennepin, Dakota, Anoka, Scott, and Carver.

Is court in person? Court Covid Update