Do you have to sell the family home in a divorce in Ontario?

The family home can be handled in multiple ways during an Ontario divorce without requiring a sale. In Ontario, divorcing couples have several options for dealing with the matrimonial home that don't necessarily require selling. The most common arrangements include: Buyout arrangement - One spouse purchases the other's equity share Deferred sale agreement - Both parties maintain ownership until an agreed-upon future date Continued co-ownership - Partners keep joint ownership, often until children finish school Nesting arrangement - Children stay in the home while parents rotate residency Working with a divorce mediator or financial analyst can help couples evaluate these options and determine the most financially sound solution that serves both parties' interests. The chosen arrangement should consider factors like mortgage affordability, market conditions, and each spouse's housing needs.

Ontario Divorce: Matrimonial Home Options Without Selling

The family home can be handled in multiple ways during an Ontario divorce without requiring a sale.

In Ontario, divorcing couples have several options for dealing with the matrimonial home that don’t necessarily require selling. The most common arrangements include:

Buyout arrangement – One spouse purchases the other’s equity share
Deferred sale agreement – Both parties maintain ownership until an agreed-upon future date
Continued co-ownership – Partners keep joint ownership, often until children finish school
Nesting arrangement – Children stay in the home while parents rotate residency

Working with a divorce mediator or financial analyst can help couples evaluate these options and determine the most financially sound solution that serves both parties’ interests. The chosen arrangement should consider factors like mortgage affordability, market conditions, and each spouse’s housing needs.