Do I need husband’s consent to sell property since I acquired it during our marriage in Virginia?
Full Question:
I have been married for 6 years now. During this time, I acquired two properties with my earnings. I want to sell these properties as the market value of these properties has increased quite substantially and I want to invest in stock market. Do I need my husband’s consent to sell property in Virginia since I acquired it during our marriage?
02/03/2017 |
Category: Marriage » Marital Prop... |
State: Virginia |
#31481
Answer:
Va. Code Ann. § 55-35 reads:
“A married woman shall have the right to acquire, hold, use, control and dispose of property as if she were unmarried and such power of use, control and disposition shall apply to all property of a married woman which has been acquired by her since April 4, 1877, or shall be hereafter acquired. Her husband's marital rights shall not entitle him to the possession or use, or to the rents, issues and profits, of such real estate during the coverture; nor shall the property of the wife be subject to the debts or liabilities of the husband.”
In the case hand, per the above-quoted provision, the wife does not require her husband’s consent to sell the property acquired by her in Virginia.