CALIFORNIA FAMILY LAW
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Family Residence/Real Property
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Valuation
.........Selling Costs/Repairs
5 Cards On This Topic:
Court consideration of selling costs and repairs in determining value of residence.
Error to deduct speculative costs of sale.
If home has to be sold to repay obligation, may deduct speculative costs of sale.
If one party must sell residence to pay other party's share, may deduct speculative real estate commission.
Necessary repairs properly deducted from FMV.