Partition And Exchange Agreement With 3rd Party In Florida

State:
Multi-State
Control #:
US-00410
Format:
Word; 
Rich Text
Instant download

Description

This Partition Agreement is an Agreement for the Partition and Division of Real Property. This is a Voluntary agreement to partition and divide real property. This Agreement can be used in any state. This Agreement is to be signed in front of a notary public.
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To file a partition action, you'll need a partition complaint (also known as a partition lawsuit), which a lawyer can help draw up for you. In Florida, partition law provides coowners with the right to seek a partition action when disagreements arise over jointly owned property.In a dispute over jointly owned real estate, the only option is to file a partition action in court to force a sale of the property. Florida law permits one of the co-owners of a property to file an action for partition if they cannot agree on the asset's use or management. A partition action enables you to force the sale of property when coowners are refusing to sell. There are two types of partition. A recent article in The Florida Bar Journal extolled the virtues of the Uniform Partition of Heirs Property Act (UPHPA or act) andargued for its adoption. Florida in the 21st century.

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Partition And Exchange Agreement With 3rd Party In Florida