Partition Agreement Of Property In Ohio
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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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In a partition action, one party can force the judicial sale of the property to the highest bidder with the net proceeds divided among the coowners. Partition rights allow a cotenant to force the other owners to buy them out or force the land to be sold.A partition action is a legal process to divide or sell jointly owned property when coowners cannot agree. Partition is the division of real property between two or more co-owners. If the parties on a deed decide that they cannot own the property together, they can file a lawsuit asking the court to partition the real estate.