Property Division
Long Island NY Divorce Law - Subdivide Your Land
New York uses an equitable distribution system when dividing property during divorce, unlike some states that use community property. This system is designed to ensure that assets and debts are distributed fairly between the spouses, based on both individual financial circumstances as well as the degree of marital discord. If you are struggling to negotiate the division of your marital assets and debts, a qualified Long Island property attorney can assist you.
Marital Assets
The courts in Long Island recognize two types of property during a divorce: marital property and separate property. Marital property typically includes property that was acquired during the marriage, while separate property is generally property that was purchased before or outside of the marriage.
Equitable distribution is the most common way to divide marital assets and debt during a divorce. It is a process that involves many assessment hearings and allows a judge to decide how property should be divided between the parties.
Property Division
If you are a property owner in Long Island, you may be considering whether to subdivide your land. There are many options available to you.
To subdivide your land, you must first file an application with the Development Services Department. This application must be approved before a building permit can be issued.
Lot Splits and Parent Tract Splits
The Long Island Land Records Viewer provides access to almost all information maintained by the Department of Assessment including assessment roll data, district information, tax maps, property photographs, past taxes, tax rates, exemptions with amounts and comparable sales. It is also linked to the County’s Geographic Information System (GIS) to provide relevant information from that system.
Eliminate time-consuming and labour-intensive real estate searches and gain access to comprehensive property information aggregated from several reliable sources, including Long Island, NY public property records and enhanced with proprietary research.
