A prior post examined House Bill 271 regarding the definition of "marital property." Marital property was generally defined as "all property acquired by either party subsequent to the marriage." House Bill 271, which has now been signed into law, expands the definition of marital property to include "jointly-titled real property acquired by the parties prior to their marriage, unless excluded by valid agreement of the parties." With this expanded definition real estate that was acquired before the parties were married, perhaps even long before, could be divided in a divorce.
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