In Tennessee, property owned by one partner previous to marriage is mostly thought-about separate property. This consists of actual property, like a home. Separate property stays individually owned until it’s commingled with marital property or a partner deliberately provides the opposite partner’s title to the title. As an illustration, if one partner purchases a house earlier than the wedding after which, after marriage, makes use of joint funds to pay the mortgage, a portion of that residence’s fairness could possibly be deemed marital property topic to division upon divorce. Equally, including a partner’s title to the deed also can convert separate property to marital property.
Understanding the excellence between separate and marital property is essential in Tennessee divorce proceedings. This classification immediately impacts how property are divided upon dissolution of the wedding. Sustaining clear data of premarital asset acquisition, comparable to retaining the unique deed and buy agreements, can considerably simplify property division within the occasion of divorce. Traditionally, Tennessee legislation has acknowledged the significance of defending premarital property, reflecting societal values about particular person possession and monetary independence.
