Partition Agreement Sample With Sale In Wake
Category:
State:
Multi-State
County:
Wake
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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The document is a partition agreement between two parties to terminate their community ownership of a parcel of land and divide it between them. This document is a deed of sale and partition involving the sale and division of a parcel of land.A partition action takes the dispute to the courts. If the coowners cannot agree on how to dispose of the property, the new owners could sue for partition of property and force its sale. 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 petition for partition occurs when two or more property owners cannot agree on what to do with it. Fill out the form and we'll find a consultant that's in your area. To schedule a consultation, call us at (415) 3992900 or fill out this online contact form. Often, a married couple's estate plan consists of identical wills, each naming the other as executor of the deceased spouse's estate.