4 The divorce decree provided that the Arden Road house, which was titled only in Mrs. Suhr’s name, “shall remain in the names of” petitioner and Mrs. Suhr but granted Mrs. Suhr exclusive possession of that house. The divorce decree required petitioner and Mrs. Suhr to sell the Arden Road house no later than 8 years after the divorce; i.e., by June 15, 1995. Until then, the divorce decree required petitioner to pay the mortgage, real estate taxes, and insurance on the house. The divorce decree also provided that petitioner and Mrs. Suhr “shall do all things necessary to facilitate the sale of the house”. The divorce decree provided that petitioner and Mrs. Suhr would each receive one-half of the net equity from the sale of the Arden Road house; that is, the amount remaining after paying the mortgage, real estate commission, prorated taxes, and other selling costs. The divorce decree did not require Mrs. Suhr to transfer her title or any interest in the Arden Road house to petitioner, and she never did so. In contrast, the divorce decree required Mrs. Suhr to transfer her right, title, and interest to 1577-1579 South High Street, Columbus, Ohio, by quitclaim deed to petitioner. Mrs. Suhr transferred her title to the South High Street property to petitioner on December 9, 1988. D. Petitioner’s Personal Financial Statement Petitioner signed a personal financial statement on September 23, 1989 (i.e., after he was awarded, but before hePage: Previous 1 2 3 4 5 6 7 8 9 10 Next
Last modified: May 25, 2011