When a marriage has broken down, one of the issues which arise for determination is property matters. The parties to a marriage that is subject to a divorce process in Cameroon can either agree through mutual consent on what happens to the family property or leave it to the court in Cameroon to do so in the form of property adjustment orders. In such a case, the parties are to give full disclosure of family assets to their respective family solicitors and the court in view to have the issue of property adjustment resolved.
The main capital asset is usually the family home. The parties will need to decide what should happen with the property. Whether it should be sold or transferred to one person.
The property adjustment orders for the purposes of the Matrimonial Causes Act 1973 are orders dealing with property rights available under section 24 of the Matrimonial Causes Act 1973 for the purpose of adjusting the financial position of the parties to a marriage and any children of the family on or after the grant of a decree of divorce, nullity of marriage or judicial separation, that is to say;
- Any order for the transfer of property in line with subsection (1)(a) of section 24 of the Matrimonial Causes Act 1973,
- Any order for the settlement of property in line with subsection (1)(b) of section 24 of the Matrimonial Causes Act 1973,
- Any order for a variation of settlement in line with subsection (1)(c) or (d) of section 24 of the Matrimonial Causes Act 1973.