Partition Agreement With Sale In Palm Beach
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Partition by Sale allows a co-owner to force the sale of a real estate property against the refusal of other(s) co-owner(s).
Best Option When Co-Owners Cannot Agree to Terms When real estate co-owners disagree, a partition action allows them to turn to the court and seek a fair resolution. A partition action can help avoid prolonged disagreements and allow each person to move on with their life.
While it is possible to file a partition lawsuit without a lawyer or “Pro Se” in Florida, it is highly recommended to seek the assistance of an experienced partition attorney. The process can become complex, and having a knowledgeable litigator on your side can help protect your interests and maximize your recovery.
Typically, a partition lawsuit in Florida spans 9 to 12 months. This period encompasses approximately 12 hours of legal work, which includes filing the lawsuit, court proceedings, and reaching a resolution. However, this is an average estimate, and the actual time can vary based on several factors.
While it is possible to file a partition lawsuit without a lawyer or “Pro Se” in Florida, it is highly recommended to seek the assistance of an experienced partition attorney. The process can become complex, and having a knowledgeable litigator on your side can help protect your interests and maximize your recovery.
In a recent landmark judgment, the Supreme Court of India held that in a suit for partition of joint property, every interested party is deemed a plaintiff. This means that each co-sharer has the right to initiate and pursue a partition suit, and no one co-sharer can prevent another from doing so.
How Long Does A Typical Partition Action Take In Florida? A partition action can be quite speedy if you and the other party can agree quickly on what to do. Some cases can be resolved in three months, whereas others take up to a year. This can depend on the valuation of the property and how complex the parcel is.
Under Florida law, the partition process must comply with the Florida Statutes – Chapter 64 – titled “Partition of Property.” The first part of the partition action is the filing of the complaint. By statute, the complaint shall include the following: “A description of the lands of which partition is demanded”
A partition action can compel the sale of jointly owned property when co-owners disagree. The process may take up to two years, depending on case complexity and cooperation. Exploring alternatives like mediation before filing a partition action is often advisable.
Generally, courts divide the costs of partition among the parties in proportion to their ownership interests or in a different manner when necessary to ensure equitable distributions. (CCP § 874.040.)