Partition Agreement Of Land In Arizona
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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 partition action allows a joint owner to obtain a court order to divide the property, which allows them to sell their portion of the property. A partition action can be taken that will allow Arizona courts to assume responsibility for determining the most suitable way of apportioning the estate.The first step in a partition action after filing the lawsuit is the court appointment of a neutral third-party to sell the real property. A Judgment of Partition declares who owns what interest in the land, and orders the land to be partitioned (divided) or sold.