Yes, there are legal time limits for the division of property. If you want to ask the court to settle a disagreement over how to divide property between you and your spouse you must ask within a certain time after the breakdown of the relationship.
The important time limits to know are as follows:
- 2 years after you receive your divorce
- 6 years after the date the parties separated with no chance of reconciliation
- 6 months after the death of a spouse