Floyd v. Floyd
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Kurt A. Floyd, Sr. and Livia M. Floyd were divorced in 2008. The decree incorporated the settlement of the parties, in which Kurt and Livia agreed that Kurt would retain title to, and possession of, the marital residence. The decree and incorporated settlement required Kurt to refinance the existing mortgage on the marital residence and to use the proceeds to pay Livia for her share of the equity. If Kurt were unwilling or unable to refinance the marital residence, the decree and incorporated settlement required him, within 90 days of the entry of the decree, to list the marital residence for sale at its fair market value or a price mutually agreeable to the parties. On cross-motions for contempt, the court below found that Kurt violated the terms of the decree in several respects, including by failing to refinance or list the marital residence, and it held Kurt in contempt of the decree. The court directed Kurt to purge his contempt with respect to the marital residence by making a quitclaim deed for the residence in favor of Livia. Kurt appealed the contempt order, as well as the denial of his cross-motion for contempt. Upon review of the decree and incorporated settlement, in addition to the trial court record, the Supreme Court reversed the contempt order to the extent that it required Kurt to execute a quitclaim deed in favor of Livia, but it otherwise was affirmed.
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