During divorce settlement, there is a need of identification and evaluation of the financial resources of the couple.
Generally, the parties are not fully aware of the assets of the other spouse abroad. It necessitates to hire a legal representative who can assist in preparing comprehensive report on the assets along with evaluation of each asset at current prevailing market price.
It is very important to take legal advice at the time of divorce as the court orders the financial settlement only during the divorce process. Each income disparity should be reflected during the division of property. If these factors are not properly considered at that time, then years later when the real financial crunch of divorce comes it will probably be too late to rectify and your legal rights will never be restored.
Our real estate division offers services to clients for doing a title search on the property and obtain all relevant documents, review and study and give a comprehensive report vis. the requirements of the client.
The report includes the following:
- Description of the land.
- Documents pertaining to the ownership.(Fard, inteqal etc.)
- Documents pertaining to transfers if have been any.
- Translated versions in English of all documents obtained .
- Valuation of the property from registered valuers with the Ministry of Finance.
- A comprehensive report on the exact share and status.