North Dakota Agreement to Partition Real Property According to Award of Surveyor is a legally binding agreement that determines the division of real property based on the surveyor's award. This agreement is especially useful in situations where multiple parties share ownership of a property and wish to divide it equitably. Keywords: North Dakota, Agreement to Partition, Real Property, Award of Surveyor, division, ownership, equitable, legal, parties. There are different types of North Dakota Agreement to Partition Real Property According to Award of Surveyor, including: 1. Residential Property Partition Agreement: This type of agreement is used when residential properties, such as houses or apartments, are being partitioned according to the surveyor's award. It ensures a fair distribution of ownership and rights among the owners. 2. Agricultural Property Partition Agreement: When agricultural lands or farms are involved, this specific type of agreement dictates how the property will be divided, taking into consideration factors such as land size, crop yields, and livestock ownership. 3. Commercial Property Partition Agreement: If multiple owners are involved in a commercial property, such as offices, retail spaces, or industrial premises, a commercial property partition agreement is necessary to divide the property fairly according to the surveyor's award. It helps allocate ownership and determine the boundaries of each party's space. 4. Undeveloped Land Partition Agreement: In cases where there is vacant land, undeveloped plots, or raw acreage that needs to be divided among multiple owners, an undeveloped land partition agreement is established. It ensures clarity regarding the boundaries and rights of each party involved. These different types of agreements cater to the specific requirements and nature of the real property being partitioned in accordance with the award of the surveyor. They provide structure and legal validity to the division process, ensuring all parties agree to the terms set forth.
North Dakota Agreement to Partition Real Property According to Award of Surveyor
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FAQ
Partitioning is a division in real or personal property between co-owners. This typically occurs when property is inherited or passed down to heirs. There are two types of partitioning: Partition in Kind and Partition by Sale.
In a partition by allotment, which is not available in all jurisdictions, the court awards full ownership of the land to a single owner or subset of owners, and orders them to pay the person or persons divested of ownership for the interest awarded.
Area code 701 is a telephone area code in the North American Numbering Plan (NANP) for the U.S. State of North Dakota. It is one of the 86 original North American area codes created by AT&T in 1947, and continues to be the only area code in North Dakota, one of eleven states with only one area code.
The Legislative Research Committee's Subcommittee on Judiciary and Code Revision chose the name of the new 14-volume codification to be North Dakota Century Code as a commemoration of the 100th anniversary of establishment of Dakota Territory in 1861. The 14 volumes appeared between the years 1959 and 1960.
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?.
47-19-19. The record of any instrument shall be notice of the contents of the instrument, as it appears of record, as to all persons.
Land may also be partitioned into unequal parts due to the relative ownership shares of each joint owner. For example, if Party A has a 25 percent stake in the land and Party B has a 75 percent stake, Party A will receive a proportionally smaller or less valuable portion of the land than Party B.
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?.
Types of partition There are three kinds of partition which can be awarded by court: partition in kind, partition by allotment, and partition by sale. A partition in kind is a division of the property itself among the co-owners.
There are 3 basic types of partition actions in California. Partition by Sale. This is by far the most common type of partition in which the court will force the sale of the property and distribute the proceeds ingly among co-owners who are tenants in common. ... Partition by Appraisal. ... Partition in Kind.