Divorce Terms - E

ENCUMBERED - The restraints are placed on a property such as a mortgage or lien.

 

EQUITABLE DIVISION (DISTRIBUTION) - Dividing all property acquired by spouses during marriage so it can be split up accordingly during the divorce proceedings.

 

EQUITY - The total proceeds from the sale of a home or property after subtracting the fees of the real estate agent, and paying off the mortgage. 

 

EVIDENCE - All informational material including documents and testimony that is offered in court to prove or disprove allegations made by both sides in a proceeding.

 

EXHIBIT - An article of evidence presented in court.

 

EX - PARTE - Relief that is granted by the court due to of the lack or presence of the opposing party.

 

EXPECTANCY - The potential future proceeds from an estate. 

 

EXPERT WITNESS - Professionals used by the judge so he or she can help make a better decision. Professionals can include, Counselors, Evaluators, and Appraisers.