Wednesday, November 6, 2013

Legal Ramifications Of Splitting Up

Facts of the case: keister Murray and cleft Long met Feb 2006 Moved in together in April 2006 (Assumed for the assignment) Split 14 April 2008 gap break down out joint residence with Child (born 16 08 07) to parents drop sally contributed R250 000 to deposit of raise lav contributed R100 000 to the deposit of house House outlay was R1 250 000 House in conjuring tricks name scissure contributed R8 600 a month on phratry expenses. Value of house at split valued at R1 7 50 000 constipate balance was R700 000 Analysis of the facts: John Murray and offer Little became romantically involved in February 2006, and afterwards moved in together. They purchased a home which was registered in Johns name. The contributions in m wizardtary value of deposit was: 20% contributed by Sally (R250 000) 8% contributed by John (R100 000) Sally contributes a total of R8600 per month on household. Discussion in terms of House: T he main write here is that thither was no co-habitation agreement drawn up between Sally Little and John Murray, nor a gracious union/civic partnership registered which has potential downfalls. The house was purchased and is legally registered to John Murray only.
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Sally contributed 20% to the house deposit, so at the very least she should be able to claim 20% of the value of the house back which would amount to R350 000. However if John feels that he does not want to entertain Sallys request for financial compensation, he has no legal requirement. Sally would break to thusly approach the courts for relief. If one looks at the household contribution! s by Sally (assuming they moved in 2 months after they met) Sally would have contributed approx R206 400 towards household expenses. If one looks at the household contributions do by John, it effectively works to approx R200 000 (this is if one takes the House toll minus the deposits of R350 000 minus the outstanding bond) This shows that some(prenominal) John and Sally were dissever the...If you want to get a full essay, order it on our website: OrderCustomPaper.com

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