Sample Partition Agreement With Sale In Ohio

State:
Multi-State
Control #:
US-00410
Format:
Word; 
Rich Text
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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A partition action enables you to force the sale of property when coowners are refusing to sell. 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.The agreement can divide the marital property you own into separate property as you see fit. The document is a partition agreement between two parties to terminate their community ownership of a parcel of land and divide it between them. 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. As Tenants in Common, each co-tenant has a separate, but distinct title to an undivided share of the entire property. FindLaw breaks down what is covered in a typical property settlement agreement. Visit our Forms catalog to find your Agreement for the Partition and Division of Real Property in 2025. For example, Ohio law implies that unanimous consent must be obtained in the management of real estate. Send partition agreement of property via email, link, or fax.

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Sample Partition Agreement With Sale In Ohio