What is a Partition Action? How to Force the Sale of Real Estate.
Автор: Peter Antonoplos
Загружено: 2020-07-20
Просмотров: 3944
A partition by sale is a particularly effective course of action for beneficiaries of an estate who cannot agree on what to do with a house or other real property they jointly inherited. In a partition action if two individuals held equal ownership interests in the property, the court would partition the property in half, with one half going to each individual. Likewise, if three individuals co-own a piece of real property in equal interests, each would receive one-third of the real property in a partition. In addition to a forced sale, the partition action permits one party to seek contribution from the other for expenses associated with maintaining the real property.
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