FL S0752

Expands the definition of "marital assets and liabilities" to include the marital portion of passive appreciation of nonmarital real property subject to equitable distribution in divorce proceedings.

Allows courts to require security and reasonable interest rates for installment payments of marital assets and liabilities, with written findings required explaining any deferred payments and interest amounts.

Establishes formulas in s. 61.0765 for calculating the marital portion of nonmarial real property, including active appreciation, mortgage principal paid from marital funds, and a portion of passive appreciation based on a marital fraction.

Requires courts to apply the statutory formulas unless a party presents sufficient evidence that application would not be equitable under the specific circumstances of the case.

Takes effect July 1, 2012.