Partition Explained In Wake
Category:
State:
Multi-State
County:
Wake
Control #:
US-00410
Format:
Word;
Rich Text
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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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A petition for partition occurs when two or more property owners cannot agree on what to do with it. A partition action allows a co-owner of a property to force a sale of the property.Learn more about partition actions and how they work in this guide. It is used when a co-owner no longer wants to own the real property, but there isn't an agreement among the owners regarding how to dispose of the property. A partition action is a civil lawsuit between property coowners who disagree on how to manage their property or whether to sell it. A partition action is a lawsuit between co-owners of real property who cant agree as to any aspect of the management of the property. When two or more people own the same property, one of the owners CAN force a sale of the jointly owned property via a partition action or lawsuit. Summary. View prior court costs and waiver lists. Each non-comment line in the CSV file is a partition definition. The "Offset" field for each partition is empty.