When a marriage or common-law relationship ends in Peterborough, one of the first questions separating couples ask is whether one spouse can buy out the other and keep the family home. The short answer is yes, Ontario law allows a spousal buyout, but the process involves property valuation, equalization math, mortgage qualification, and a legally binding separation agreement.
What Is a Spousal Buyout?
A spousal buyout is a financial arrangement where one partner purchases the other partner's share of the equity in the family home. Instead of listing the property for sale on the open...

