In a partition action, one party can force the judicial sale of the property to the highest bidder with the net proceeds divided among the coowners. THIS AGREEMENT (the "Contract") is made and entered into effective this __ day of ______,.Partition agreements are commonly executed when spouses separate. The agreement can divide the marital property you own into separate property as you see fit. In order to fill out our free operating agreement template, you'll need your: Name of business. Use our Independent Contractor Agreement to create a contract between a company and a contractor (or freelancer). Customize any template in minutes with PandaDoc. A partition action enables you to force the sale of property when coowners are refusing to sell.