Partition Agreement With Sale In Minnesota

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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Partitions are addressed in Chapter 558 of Minnesota Statutes. Minn. Stat. A partition action enables you to force the sale of property when coowners are refusing to sell.In the partition action complaint in Minnesota, they must show that they own the property and no longer wish to, and the court will hear the case. The minority owner CAN force a sale against the will of the majority owners. The law allows any co-owner to fracture the joint ownership via a partition action. A partition action is a means of separating the ownership interests of multiple parties through whatever means are reasonable and will do the least damage. Edit, sign, and share minnesota partition online. No need to install software, just go to DocHub, and sign up instantly and for free. Section 558.17 - SALE OF REAL PROPERTY UNDER ACTION FOR PARTITION; NOTICE. When two or more persons are interested, as joint tenants or as tenants in common, in real.

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Partition Agreement With Sale In Minnesota