The other party is often awarded a lien or a mortgage for a share of what the property is worth.  A lien is a claim on the property.  The party awarded the real estate owes the other party the amount of the lien or mortgage.  The Judgment and Decree usually sets a date by which the payment must be paid.  If the lien is not paid when due, the party owed the money can ask the court to order the other to pay the lien, or to change division of the property in the Judgment and Decree.  In the case of a mortgage, the holder of the mortgage could foreclose.
The length of time to complete a divorce depends upon several things.  If both sides reach an agreement or if one spouse never responds to divorce papers, a divorce doesn't take much time.  If both sides can't agree, then the judge has to decide. In this case it will take much longer because the court will need to gather information and schedule time in order to make a fair decision.   Gathering information might mean having a custody evaluation done or getting financial information.

Brian James is a Divorce Mediator with offices in Northern Illinois and Southern Wisconsin.  He is the founder and owner of C.E.L. & Associates, a private mediation firm that focuses on pre and post decree divorce issues. His background consists of 10.5 years working with domestic violence and divorcing families in the Criminal Justice System. He is a member of numerous mediation organizations and local chambers of commerce. His goal is to assist his clients in their time of need and help them work out agreements that are best for them and their children. At the same time, he tries to save his divorcing couples time and money that is otherwise wasted in the court system. What would you rather do with your money during a divorce, pay it to an attorney or invest it in your child's college education?

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There is one advantage to being the petitioner. If the parties reside in different counties, the petitioner determines venue (location) by filing for divorce in the county of choice. Venue can be critical because judicial views on custody and alimony vary from county to county. The respondent can request a change in venue, but will need to show a good reason for the change.
Jeff has been a lawyer for 34 years, practicing family law exclusively for 28 years. For the first six years of his career he was a staff attorney at the Minnesota Court of Appeals. He has handled hundreds of cases and has the experience dealing with substantial marital estates in the millions and has tried and litigated many cases, including lengthy custody matters. He is also a trained mediator and ADR neutral on the Minnesota State Roster and is a FENE and SENE neutral in Ramsey County, Anoka County, Washington County, Scott County, Carver County, Pine County, Chisago County, Isanti...
You are not obligated to hire an attorney in order to file for divorce; however, having one greatly improves the likelihood your rights will be protected and that your divorce is done correctly. Otherwise, you may end up spending much more on hiring an attorney after your divorce to seek post-decree modifications to clean up anything done improperly at the outset. Having a lawyer with you during this process also lessens the pressure on you during this difficult time. Further, hiring a lawyer is especially beneficial if there are allegations of abuse — spousal, child, sexual or substance abuse — because in those situations, it may be impossible for the abused spouse to negotiate effectively. A lawyer can help arrange the necessary protection for an abused spouse and the children. There are many other instances where a lawyer will be significantly helpful in a divorce, such as: asserting a non-marital claim, complex finances, divorces involving business ownership, divorces involving one spouse living in a different state, and many more instances.
All property that was acquired during the marriage is called "marital property."   It does not matter whose name is on the title.  Both parties are assumed to have made an equal contribution.  A homemaker's work in the home counts as an equal contribution.  This "marital" property is divided fairly. Usually, fairly means equally.  The court will decide the value of all the property and try to divide the property so that each spouse gets approximately half of the overall value.  If one spouse has misspent the family's income, or misused or taken property, the court may award more property to the other spouse to make up for that.  If one spouse has special needs, the court may award more property to the needy spouse. 

NOTE: There are many ways to divide real estate in a divorce. The court forms for marriage dissolution (divorce) only give you 1 option -- one spouse gets 100% of the house, cabin, or other real estate, and the other spouse gets a lien. But, you can change the court forms. An attorney can explain other options, advise you about the law, and draft terms to meet your situation. If your divorce involves real estate, you should get advice from a lawyer on your legal rights and options.

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