A Massachusetts Petition For Partition is a legal document used when two or more people are co-owners of real estate or personal property and cannot agree on how to divide the property. It is filed in the Massachusetts Land Court and asks the court to order a partition of the property. There are two types of Massachusetts Petition For Partition: a voluntary partition or a partition by sale. In a voluntary partition, the court divides the property and each party takes the part of the property that has been set aside for them. In a partition by sale, the court orders the property to be sold and the proceeds are divided among the co-owners according to their respective interests.
Massachusetts Petition For Partition
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Petition For Partition
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When an action for partition is filed, the opposing party has an opportunity to respond to this action by filing an answer. An answer to a partition action is a pleading by the defendant in response to the plaintiff's complaint for partition.
Partition is the division of real or personal property between or among two or more co-owners, such as joint tenants or tenants-in-common. Partition is not a remedy available to owners who hold title as community property or quasi-community property. This article focuses on the Partition of real property.
What is Partition? Partition is a legal process for dividing property among joint owners (other than married couples). If two or more persons own real estate together, and one wants out, they can file a court action to order the division or sale of the property.
When two individuals or entities own an undivided interest in property, dividing the interest may require one to file a petition for a partition of land. Under Massachusetts law, such a partition will result in a ?just and equitable division? of the property.
There are three methods of Partition provided by state law: (1) Partition by Physical Division, (2) Partition by Sale, and (3) Partition by Appraisal. Also known as ?Partition in Kind,? a Partition by Physical Division requires the Court to divide the land by its proportional value.
There are only two things that can officially stop a partition action: fraud and duress. Evidence of fraudulent activity on behalf of any of the co-owners or threats made to influence the outcome of the case may be grounds for stopping a partition action lawsuit.
A California partition action happens when one co-owner of real property wants to sell but other co-owners do not want to sell their ownership rights. Partition means division. The opposing co-owners have the absolute right by law to divide the property and sell their portion with the legal remedy of ?Partition?.
A petition to partition is an action used when a property owner wishes to sell a piece of property they own as joint tenants with another individual who wishes not to sell.