The lien represents an owelty of partition and the necessary adjustment between the parties to carry out the purposes of the partition. This collateral agreement template is what you need to secure an item of value as collateral for monetary debt.Very generally, the partition of real property is the division of previously undivided interests among joint owners or cotenants1. Very generally, the partition of real property is the division of previously undivided interests among joint owners or cotenants1. File a partition suit (force the sale of the property) and demand an accounting and sue Christina for any funds that you were entitled to receive. Owelty of Partition Agreement, 5-12. This is a document through which the parties agree that particular property will be "separate property" and will not be divided. An instrument concerning real or personal property may be recorded if it has been acknowledged, sworn to with a proper jurat, or proved according to law.