Avril to Deryck -- I'll Let You Keep the House

10/25/2009 9:55 AM PDT
Soon-to-be-divorced rockers Avril Lavigne and Deryck Whibley are already splitting up the assets -- and TMZ has learned Deryck's getting the L.A. mansion.

Avirl Lavigne & Deryck Whibley

Last week, Avril signed over the deed to the multimillion dollar Sherman Oaks home to Deryck, naming him the new "sole and separate" owner -- just four days after she filed for divorce on October 9th.

But the house also came with a lot of debt -- as of October 14th, there was still over a million dollars left on it to pay off.