The parties separated after a 12-year marriage.
The applicant owned the matrimonial home prior to marriage.
The respondent claimed a constructive or resulting trust interest in the home due to its significant post-separation increase in value.
The court found that while there was a joint family venture resulting in unjust enrichment, a monetary award through the statutory equalization process was sufficient to remedy it.
The respondent's trust and occupation rent claims were dismissed.
The court also determined the value of a mortgage held by the applicant's father and calculated retroactive child support.
The applicant was ordered to pay a net equalization payment of $199,281.32.