Monday, April 30, 2012

Yolanda Hadid's Over The Top Divorce Settlement


RadarOnline.com:
The brand new star of The Real Housewives of Beverly Hills and the fourth wife to music mogul David Foster, Yolanda Hadid, got an over the top divorce settlement from her former husband, Mohamed Hadid, RadarOnline.com is exclusively reporting.

Married to Mohamed for eight years, the stunning Dutch model recently joined the cast of the Bravo hit show and will appear in its third season. Coincidentally, Mohamed appeared on the show because he is very good friends with fellow housewife Lisa Vanderpump.

Mohamed threw an engagement party for Lisa's daughter Pandora that was featured on the show last season.
Yolanda filed for divorce from Mohamed in Santa Barbara County in 2003 and under terms of the divorce settlement agreement obtained exclusively by RadarOnline.com, she retained ownership of the Santa Barbara mansion, a $6 million dollar Malibu property, an Arabian horse, sole ownership of Hadid Interiors, several bank accounts, a Range Rover and an Escalade.

Yolanda also received a one-time cash payment of $3.6 million dollars and receives $30,000 a month in child support for the three children they had together: Jelena, Isabella and Anwar.

She was receiving an additional $10,000 a month in spousal support, but that ended when she married David Foster.

Mohamed kept the Bel Air mansion that has been featured on the reality show, the vacation home in Mexico, two Bentley's, a Range Rover and an Escalade, although Yolanda can use the vacation house whenever she wants.

According to the documents, Mohamed became responsible for "liabilities the notes payable to First Credit Bank, the approximate amount of $60,000,000 secured by Deeds Trust encumbering the real property located in the greater Los Angeles, CA. $17,000,000 for Casa Amore with First Credit Bank, $3,000,000 First Credit Bank, $22,000 Chase Visa."

The former couple have joint custody of their three children and agreed to "relocate the residences of the minor children more than 100 miles from the other parent, without prior written notice to the other notice." 

Mohamed pays for private schools for the kids and pays for a full-time nanny to live with Yolanda and the kids.

Mohamed agreed to have a $1 million dollar life insurance policy and that the beneficiaries are Yolanda and the children.

Interestingly, Yolanda and Mohamed did have a pre-nup that was declared null and void when the divorce settlement was executed, and signed by both parties in 2007.

Yolanda married David last year, and Mohamed remains single.
RELATED: Real Housewives of Beverly Hills: Coming Out Party for New Castmember?

7 comments:

  1. Divorce mostly happens from external problems .It might be because of any person or basic problem. Marriage is only knot between two person it tight the knot among two problem ,please try solve your mutual problem beside going ahead.

    ReplyDelete
    Replies
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  2. It seems they settle without any hassle and its better for their children also.

    ReplyDelete
  3. According to the documents, Mohamed became responsible for "liabilities the notes payable to First Credit Bank, settlement quotes

    ReplyDelete
  4. Santa Barbara mansion, a $6 million dollar Malibu property, an Arabian horse, sole ownership of Hadid Interiors, several bank accounts, a Range Rover and an Escalade.structured settlement quotes

    ReplyDelete
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  6. My name is Helen, I'm from
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    want to use this opportunity to
    thank the great Prophet Ijeja the Great who really made my life
    a pleasurable one today. This great man
    IJEJA brought my husband back to me after 6years of breakup in our marriage, and i already had 3 lovely kids for my husband, before he left me for another lady, because she charmed him
    In 2007 some years ago i and my husband has been into one quarrel and some misunderstandings, life was so miserable for me, until he finally left me for the other lady. For 2years i felt my life was over and my kids thought they would never see their father again. i tried to be
    strong just for the kids but i could
    not control the pains that torments my
    heart, my heart was filled with sorrows and pains because i was really in love with my husband. Every day and night i think of him and always wish he would come back
    to me, until one day i met an old friend
    of mine that was also in a situation
    like this but hers was her ex-
    boyfriend
    who she had an unwanted pregnancy
    for and he refused to take responsibility and dumped her. she told me that MINE was a
    small case and that i shouldn't worry
    about it at all so i asked her what
    was the solutions to my problems and she gave me
    this great mans phone number and
    his contact email address prophetijeja@yahoo.com i was doubting if this man was the solution, so contacted this great
    man and he told me what to do and
    I did them all, he told me to wait
    for just two day and that my husband will come crawling on his kneels just for forgiveness so i faithfully did what
    this great man asked me to do and for
    sure immediately after two days i heard a knock on
    the door, in a great surprise i saw him begging on his
    kneels and i was speechless, when
    he saw me, all he did was crying and
    asking me for forgiveness, from that day, all the pains and sorrows in my heart flew away,since then i and my husband and our lovely kids are happy family thats why I want to say a big thank you to
    Ijeja the Great spell caster This great man
    made me to understand that there's no
    problem on earth that has no solution so please if you
    know that you have this same
    problem
    (1) He will help you to Have promotion in
    anything you do.
    (2 )Earn a good money.
    (3)Success in business.
    (4)spiritual problems.
    (5) win court case.
    (6)Looking for a good man.
    (7)looking for job.
    (8)want to be in control of you marriage.
    (9)want to be attracted to people.
    (10)you have be scammed and u need your money
    back.
    (11)you have be working without promotion.
    (12)If you have any symptoms of sickness that is un cured
    (13)You have pregnancy problems with babies:
    (14)If you have problem about your womb,you
    want have or bear children.
    (If you have brain tumour, or mental problem, this is the time for you to contact him). You can Email
    or any problem that is similar, i will advise
    you to come straight to this great man.
    you can email prophetijeja@yahoo.com
    Thanks..

    ReplyDelete