Sample Partition Agreement With Sale In Wake
Category:
State:
Multi-State
County:
Wake
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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The document is a partition agreement between two parties to terminate their community ownership of a parcel of land and divide it between them. This document is a deed of sale and partition involving the sale and division of a parcel of land.If the coowners cannot agree on how to dispose of the property, the new owners could sue for partition of property and force its sale. Explore the purpose of a petition for partition and its usage. Learn how this legal process resolves property disputes among co-owners effectively. 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.