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Agreement for the Partition and Division of Real Property

Partition Settlement Agreement With Sale In Phoenix

Category:

Civil Actions - Partitions

State:

Multi-State

City:

Phoenix

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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In Arizona, when two or more people own property together and disagree about its use, one or more of them can file a partition action. 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.Partition actions can force the sale of a property over co-owners' objections. I am a part of a partition in Phoenix Arizona for a house my Ex and I own. We are both on the deed and she is the only one on the mortgage. If there is no immediate agreement on dividing the sale proceeds, the parties should mediate with a mediator (e.g. Arizona law provides a process in which an owner of property can request a division or sale of the property. This process is called a partition action.

Partition Settlement Agreement With Sale In Phoenix

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