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Divorce and selling the house

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barney22 | 15:11 Wed 11th Oct 2006 | Business & Finance
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My friend is separating from his wife after three years of marriage. they have a 2 year old daughter and have agreed to sell the house in 2 years time and divide the equity. However, I have a feeling that his wife would not have to give him any equity, or only a small percentage of it until their daughter is 18.

Can anyone advise on this issue?
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It is likely that she would be able to remain in the house until their child finishes full time education. He would still be responsible to contributing to their needs i.e. mortgage & maintenance.

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Divorce and selling the house

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