The court determines the ownership of the marital real property and may either grant a decree specifying each party’s ownership interest or, if any property is owned by both of the parties, order a partition or sale. An order directing a sale usually orders a division of the sale proceeds. The court may grant one of the parties sole possession and use of the property or may divide the possession and use of the property between the parties.
The court may transfer ownership of an interest in pension, retirement, profit-sharing, or deferred compensation plans from one party to the other or to both parties.