PRESERVATION OF PROPERTY

A court may order that any property owned by either spouse be preserved during the course of litigation.

It can be limited to the preservation of the value of property, which permits the owner to continue to treat the property in its usual fashion (such as buying and selling shares, running a company, or even selling or encumbering it) so long as the value remains intact in some form or other, pending final determination or settlement.

The court can also order preservation of a specific property, forbidding it to be sold or encumbered in any way. Finally, the court can freeze assets such as bank accounts or stock trading accounts so that no one can deal with them until further court order.