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What is the difference between occupancy and possesion?

Exclusive possession

When going through a divorce, and you are seeking to have the marital property for a period of time, be sure to ask for exclusive *possession* rather than exclusive *occupancy*. The difference is that if you have possession, and at some point want to move and rent it...you may, if you have exclusive occupancy, then you must live there in order to keep it.

Comments

3/28/2007 5:22:54 PM
dee said:

that's excellent news. However, what if you want to sell the marital home and the husband is in disagreement with price and agent. With exclusive possession, do I have the right to negotiate with a broker without my now evicted husband's signature on a brokers contract?

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