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Agreement for the Partition and Division of Real Property

Partition Agreement Template With Time In Virginia

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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A partition action enables you to force the sale of property when coowners are refusing to sell. Essentially, anyone with a vested ownership interest in real estate may file suit to compel a partition.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. A partition action usually takes between six to nine months depending on the circumstances and the complexity of each case. The agreement can lay out whatever time frame you choose.

Partition Agreement Template With Time In Virginia

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