Real Estate Divorce Lawyer New York | Law Offices Of SRIS, P.C.

Toll-free intake · Consultations by appointment · Intake available in English and Spanish

Real Estate Divorce Lawyer New York

For many couples, the marital home is the single largest asset in the divorce, and decisions about it carry weight well beyond dollars, touching on where children will go to school and what daily life looks like after the case is over. New York law does not automatically award the home to either spouse; it treats real estate the same as any other marital asset, subject to classification and to the same equitable distribution analysis that applies to bank accounts, retirement funds, and businesses. But real estate has its own practical wrinkles, including mortgages, occupancy during the case, and the specific weight New York law gives to a custodial parent’s need to remain in the home. Law Offices Of SRIS, P.C. represents clients throughout New York in divorce matters involving the marital residence and other real property. The firm has been practicing since 1997. To discuss real estate issues in your divorce, call (888) 437-7747 to request a consultation.

What Real Estate Divorce Means in New York

Before a court can decide what happens to a house, it first has to determine whether the property is marital or separate under DRL § 236(B)(1). Real estate acquired during the marriage is generally marital property regardless of whose name is on the deed. Real estate one spouse owned before the marriage can remain separate property, though that can change if marital funds were used to pay down a mortgage, fund renovations, or otherwise increase the property’s value during the marriage, since appreciation attributable in part to the other spouse’s contributions is treated differently than appreciation from market forces alone.

Once real estate is classified as marital property, DRL § 236(B)(5) governs how it is divided, and the statute gives the marital residence particular attention. Among the sixteen enumerated equitable distribution factors, factor three specifically directs the court to consider “the need of a custodial parent to occupy or own the marital residence and to use or own its household effects.” This factor recognizes that uprooting a child’s living situation during or immediately after a divorce can carry real costs, and it can support an outcome where the custodial parent keeps the home, at least for a defined period, even where other assets are divided differently between the spouses.

In practice, real estate in a divorce is typically resolved one of a few ways: one spouse buys out the other’s interest, the property is sold and proceeds divided, or one spouse is awarded exclusive use and occupancy for a period of time, often tied to the children’s circumstances, with a later sale or buyout. Which path makes sense depends on factors like whether either spouse can afford to refinance the mortgage alone, the property’s current value relative to what is owed on it, and how factor three and the other DRL § 236(B)(5) factors apply to the family’s specific situation.

How Mr. Sris and the Firm’s Of Counsel Attorneys Handle Real Estate Divorce Cases

Mr. Sris, Owner and Founder of Law Offices Of SRIS, P.C., and the firm’s Of Counsel attorneys start by working through the classification question under DRL § 236(B)(1) for each piece of real property involved, particularly where a home or investment property was owned before the marriage but may have gained a marital component through mortgage paydown, renovation, or appreciation tied to the other spouse’s contributions.

Where children are involved, the firm evaluates how the custodial-parent occupancy factor in DRL § 236(B)(5) applies to the family’s circumstances, and works to present the case for, or respond to a claim for, continued use of the marital residence. The firm also works through the practical financing questions that come with dividing real estate, including whether a buyout is realistic given each spouse’s financial position, and coordinates with real estate and financial professionals when a property valuation is needed to support the equitable distribution analysis.

Mr. Sris and the firm’s Of Counsel attorneys aim to resolve real estate issues through negotiation where the numbers support a workable agreement, while preparing to litigate the classification and distribution of real property when necessary. The firm’s intake line provides 24/7 phone intake for clients who need to discuss what will happen to a home or other real property during a divorce.

About the Firm

Law Offices Of SRIS, P.C. has been practicing since 1997. Mr. Sris, the firm’s Owner and Founder, is a former prosecutor admitted to practice in Virginia, Maryland, the District of Columbia, New Jersey, and New York. He studied at George Mason University, with a background in accounting and information systems that the firm applies to the financial analysis often required in real estate divorce matters, including tracing mortgage payments and improvements made during the marriage. Attorneys who work on client matters beyond Mr. Sris are referred to collectively as the firm’s Of Counsel attorneys and contract directly with the firm.

Mr. Sris and the firm’s Of Counsel attorneys work with clients through both the classification and distribution stages of a real estate dispute in divorce, recognizing that decisions about the marital home affect a family’s daily life in ways that other assets typically do not. The firm’s approach centers on the specific DRL § 236(B)(1) and DRL § 236(B)(5) framework that governs how New York treats real property in a divorce.

Frequently Asked Questions

Who gets the house in a New York divorce?

There is no automatic rule. The court first classifies the property as marital or separate under DRL § 236(B)(1), then applies the equitable distribution factors in DRL § 236(B)(5), including the custodial parent’s need to occupy or own the marital residence, to reach a result based on the family’s specific circumstances.

Does having children affect what happens to the marital home?

It can. DRL § 236(B)(5) specifically lists the need of a custodial parent to occupy or own the marital residence as a factor the court must consider, which can support the custodial parent remaining in the home, at least for a period tied to the children’s circumstances.

Is a house owned before the marriage automatically separate property?

Not necessarily. While property acquired before the marriage generally starts as separate property under DRL § 236(B)(1), its increase in value during the marriage can become partly marital if the appreciation was due in part to the other spouse’s contributions or efforts.

What are the options if neither spouse can afford to keep the house alone?

Common paths include one spouse buying out the other’s interest, selling the property and dividing the proceeds, or one spouse receiving temporary exclusive use and occupancy before a later sale or buyout. Which option fits depends on financing, the property’s value, and the family’s circumstances.

Does a mortgage in one spouse’s name only affect how the house is divided?

Whose name is on the mortgage or deed does not control classification under DRL § 236(B)(1); a home acquired during the marriage is generally marital property regardless of title, though financing details matter to how a buyout or refinance would practically work.

Related Pages

This page provides general information and does not create an attorney-client relationship. Case results depend on a variety of factors unique to each case. Results may vary.

Attorney Advertising. Law Offices Of SRIS, P.C., principal office: 4008 Williamsburg Court, Fairfax, VA 22032. By appointment. Call (888) 437-7747 to schedule.

Attorney advertising. Prior results do not guarantee a similar outcome.

All practice pages

Reviewed by Mr. Sris, Owner and Founder.

Attorney advertising. This page is for general informational purposes only and does not constitute legal advice, nor does it create an attorney-client relationship. Statutes and their application change and vary by case. Prior results do not guarantee a similar outcome; results may vary. For advice about your specific situation, consult a licensed attorney. Attorney responsible for this advertising: Mr. Sris.