Ben Affleck has officially transferred his ownership interest in the $60 million Beverly Hills mansion he shared with ex-wife Jennifer Lopez following their divorce. The move comes after months of disagreements over the property’s sale and reflects the couple’s evolving settlement terms.
The High-Profile Property Purchase
The Beverly Hills residence, which the couple purchased together in June 2023, represents one of the most expensive real estate transactions in recent celebrity history. Affleck and Lopez, who were married from 2022 to 2024, bought the property during their relationship and faced immediate challenges as their marriage dissolved.
The $60 million price tag made it one of the most expensive homes in the area at the time, featuring multiple bedrooms, expansive outdoor spaces, and luxury amenities that cater to high-profile residents. The property quickly became a focal point of their divorce proceedings as they navigated how to divide their shared assets.
The Listing Process and Pricing Disputes
As their divorce progressed, both parties agreed to put the home on the market but encountered significant disagreements over the listing price. According to sources, the couple couldn’t reach an agreement on a suitable asking price that would attract buyers while still being fair to both parties.
“They were in a rush to sell the property,” an insider revealed to Us Weekly in July 2023. “Ben especially wanted to be done with the house and was never happy living there. They initially considered selling it off-market but decided to put it on the market to get more eyes on it.”
- The couple purchased the home together during their marriage
- They listed the property on the market during their divorce in 2023
- Disagreements arose over the listing price
- Ben expressed dissatisfaction with living in the home
The Property Transfer and Settlement Agreement
After months of negotiations, Affleck has now transferred his portion of the property to Lopez as part of their modified property settlement agreement. According to court documents obtained by Us Weekly, the transfer was structured as a divorce-related property transfer for tax purposes.
The legal documents state that the transfer constitutes a “transfer of property among spouses incident to divorce” for federal income tax purposes. The agreement also specifies that both parties will be responsible for any taxes arising from the transaction.
This move effectively gives Lopez full ownership of the property, though the exact terms of the settlement remain confidential. The transfer represents a significant step in finalizing their divorce proceedings and resolving one of the most expensive assets from their marriage.
While the couple’s relationship ended in 2024 after two years of marriage, they remain amicable co-parents to their children. The Beverly Hills mansion, which has since been sold, marked the end of their shared chapter in one of Hollywood’s most high-profile real estate deals.
FAQ
- When did Affleck and Lopez buy the Beverly Hills home? They purchased the property in June 2023.
- What was the home’s value? The $60 million property was one of the most expensive homes in Beverly Hills at the time.
- Why was the home listed during the divorce? They agreed to sell it as part of their property settlement but couldn’t agree on the price.
- Who now owns the property? Jennifer Lopez now holds full ownership after Affleck transferred his interest.
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