What is a Final Order?

 

The order made at the end of a case and which is legally binding on the parties who must comply with its terms. This is equally binding whether the parties have agreed the terms of it or it has been decided by a judge. In financial proceedings, orders could include:

– Pension sharing order – where part of one party’s pension is to be given to the other party.
– Order for sale – where the property specified is to be placed on the market for sale under the terms of the order, such as within 56 days of the date of the order.
– Lump sum order – where one party is ordered to pay the other a lump sum of money by a specified time or following a specific event.
– Maintenance – regular payments of money by one party to the other, also known as Periodical Payments.

 
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