Sample Partition Agreement With Waiver Of Rights In Los Angeles
Category:
State:
Multi-State
County:
Los Angeles
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.
Free preview
Form popularity
More info
This deed of partition divides a property equally among heirs. A California partition action happens when one co-owner of real property wants to sell but other co-owners do not want to sell their ownership rights.We have provided free online forms for partition actions that should only be used in conjunction with a partition attorney in California. Generally, a partition action cannot be stopped absent a valid waiver. In other words, any co-owner can force the sale of the property. This instrument relates to a PARTITION AGREEMENT of a parcel of land subdivided into _________________ lots and consists of THREE (3) pages including this page. This Waiver and Agreement shall run with the land and be binding upon all future owners, their heirs, successors, and assigns to such property. A waiver of the right to partition is extremely rare and requires specific circumstances rarely seen in coowned real estate in California. A partition action enables you to force the sale of property when coowners are refusing to sell. ANAND LAW represents co-owners of real estate in partition actions in Los Angeles, and throughout California.