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Steps after Property Mediation

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spaceman85 View Drop Down
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Joined: 10/August/2015
Location: Australia
Posts: 3
  Quote spaceman85 Quote  Post ReplyReply Direct Link To This Post Topic: Steps after Property Mediation
    Posted: 20/January/2018 at 15:43
Recently completed a property mediation session where an agreement was made regarding a buy-out payment to myself (the ex still lives in the house with a joint mortgage). I left the house 18 months ago.

The session included a division of assets, with a percentage in the ex's favour.

There was also a specific time-frame given to the ex to adhere to the agreement and make an effort to remortgage/buy-out otherwise the house will need to sell.

The mediator stated it would cost up to $3k to get a lawyer to draw up Consent Orders, which the ex and I agreed to share the costs in.

What are the benefits of seeking a lawyer to do this when I can see on the Family Court website that you can efile an application for a low fee ($160)?

I understand each party needs independent advice and a lawyer signature anyway.....

There is very little money/assets to fight over. The main issue is I want my name off the title and that can't happen without a refinance or sale of the property.

Thanks in advance!

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