Selling a home requires decisions about price, timing, repairs, offers and closing. During a separation, there is another layer. Before the property is listed, the spouses may also need to decide whether either of them wants to keep it, whether a buyout is financially possible, who will pay the carrying costs while the property is on the market and what will happen to the sale proceeds when the transaction closes. For married spouses in Ontario, there are also special legal p

When one spouse wants to keep the family home after separation, agreeing on who gets the property is only part of the process. The spouse keeping the home may also need to qualify for financing in their own name, pay the other spouse the agreed amount, deal with the existing mortgage and complete a legal transfer of title. That brings two processes together: the family-law settlement and the real-estate refinance or transfer. The buyout has to work both legally and financiall