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Agreement for the Partition and Division of Real Property

Partition Agreement Template With Sale In North Carolina

Category:

Civil Actions - Partitions

State:

Multi-State

Control #:

US-00410

Format:

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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Real estate partition proceedings is a body of law devoted, not to resolving who owns a given tract of land, but how it is to be divided. A partition action enables you to force the sale of property when coowners are refusing to sell.In the case of a partition sale, a cotenant may on application assert the right at any time during the partition proceeding. (c). 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. The owner who wants to sell can file a Petition to Partition the real property. This procedure allows for the Court to either physically divide the property. How To File a Petition for Partition in North Carolina. Looking for local rules and forms?

Partition Agreement Template With Sale In North Carolina

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