Petition For Partition Sample With No Experience
Description
How to fill out Louisiana Petition To Partition Property?
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FAQ
Filing a partition case can be costly, especially if the joint property owners cannot come to an agreement. The filing fee for partition cases in Tennessee is typically between $200 and $400, depending on the county where the case is filed.
There are at least several ways to win a partition action suit, not the least of which include: Selling your equity at a fair price. Selling the house on the open market. Receiving compensation for money put into the home. Renting the property. Keeping the property for yourself and buying out the other co-owners.
A forced sale or partition action can take 6-12 months on average.
A partition action should be filed with the assistance of an experienced partition attorney. The cost of attorney fees in a simple, uncontested partition lawsuit could exceed $5,000 due to the amount of paperwork and filings. If the partition action is contested or overly complex, costs can exceed $20,000 to $30,000.
To initiate a partition action in Pennsylvania, a co-owner must file a partition complaint at the Court of Common Pleas in the county in which the property is located.