What does physical property mean?

What does it mean when your spouse donated half of interest in property to you , mean?

• My husband owned the house before we married. A year after we married he donated 1/2 of interest in property to me. What exactly does that mean? Does it mean half of the house is mine ...show more

• Answer:

  It means that you have 1/2 of the share, rights, and benefits of owning said property, including taxes. In real property law, an undivided interest refers to the interest in property owned by tenants whereby each tenant has an equal right to enjoy the entire property. For example, tenants in common own an undivided interest in the property, so if there are two tenants in common in an apartment, each owns a one-half interest in the apartment. Assuming that Tenancy is clear - you really need a lawyer to determine if your interest benefits end right before 'ownership'. "He walked out on me and my daughter so I'm just curious to see if we have to sell the house, we I get half." Subject to the final divorce agreement of course, but it would appear half of the property is yours (to either sell afterwards or to bargain that half back for property/assets/cash from him during the settlement) if your legal representative determined the proper Tenancy provisions of the donation.