(Download) "Foley v. Foley" by In The District Court Of Appeal Of The State Of Florida Fifth District July Term 2009 # eBook PDF Kindle ePub Free
eBook details
- Title: Foley v. Foley
- Author : In The District Court Of Appeal Of The State Of Florida Fifth District July Term 2009
- Release Date : January 25, 2009
- Genre: Law,Books,Professional & Technical,
- Pages : * pages
- Size : 56 KB
Description
When Husband and Wife were married in 1994, both owned real property. Wife owned a condominium in St. Augustine Beach, where she was living. Husband owned a home in Orlando on Telegraph Hill and an interest in a rental property on Pacific Heights Circle. After the marriage, the couple lived in the Telegraph Hill home and kept the condominium as a rental. The income and expenses of the condominium were handled through their joint bank account. In 2001, they paid off Wifes pre-existing mortgage on the condominium. Husband sold the Pacific Heights and Telegraph Hill properties and the proceeds were deposited in the joint account. Eventually, the parties built a new marital home on Cypress Isle Court in Orlando. In 2002, the Foleys placed a $110,000 mortgage on the condominium to obtain funds to start a business and make home improvements. At that time, Wife transferred title to the condominium into their names jointly.