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Divorce- View allLast updated: 2026-03-13

Property Division in Divorce: What You Need to Know

Key Takeaways

  • ✓Marital assets are generally split 50/50 upon divorce
  • ✓Pension splitting can be claimed separately from property division
  • ✓The claim deadline is within 2 years of divorce
  • ✓Properties with outstanding mortgages require complex handling

Property Division Basics

Marital property is divided equally (50/50 rule) regardless of income differences. Separate property (pre-marriage, inherited) is excluded. Pension splitting available for up to 50% of the marriage period. Deadline: 2 years after divorce.

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This article provides general legal information and does not constitute legal advice. For specific legal issues, please consult with a qualified attorney.

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Related Legal Terms

Consolation Money / SolatiumParental AuthorityChild SupportProperty Division

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