Ben Affleck has recently been making headlines after it is reported that he has given up his Beverly Hills marital mansion of nearly $61 million to his ex-wife Jennifer Lopez.
The former couple, who purchased the sprawling estate back in May 2023, were trying to sell it since July 2024 shortly before JLo filed for divorce.
It is reported that Ben has “surrendered” the mansion but there is more to it.
Both exes made an attempt to sell the property after their split in August 2024 after two years of their marriage.
Interestingly, the mansion was initially listed for $68 million, but then the price was reduced multiple times, and now it had been taken off the market after failing to attract buyers.
Multiple reports suggest that the former couple agreed to split profits from the mansion sale, which means both will be benefitted from the asset.
However, in legal documents obtained by the Daily Mail, it is revealed that the exes silently amended their property settlement, which was filed in January 2025 after their divorce was finalised.
Therefore, on April 9, they added “a stipulation and order” to modify specific terms of their estate.
The updated state that JLo “shall be solely responsible for all expenses [associated] with any future sale of her interest in the Wallingford Residence, including but not limited to broker's commissions, applicable taxes, closing costs, etc”.
Jennifer signed the agreement on March 31, while Affleck signed it on April 1, a legal move that seemingly hints that the Argo star did relinquish his stake in the property.
Some source close to the actor told TMZ that Ben did “give up” his share of the compound “for free” and now Jennifer will be able to take any profits from the sale.
It is pertinent to mention that there is no confirmed report of a full transfer; the property remains a shared asset between exes.
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