A suit for partition is where one owner of a parcel sues the other owner to divide the property. Within thirty (30) days of full execution of this Agreement, the Mayor and Council shall introduce the Rezoning Ordinance in the form attached.A partition action arises when there are two or more owners of real property, and the coowners cannot agree on the disposition of the property. A couple executed a property settlement agreement before divorcing. The husband agreed he would pay the wife permanent alimony. Settlement agreements can be negotiated at any stage of the partition action and, once finalized, can be submitted to the court for approval. Conclusion. This Settlement Agreement is entered into between the California Air Resources. My sister and I do not wish to sell the home in the current down market. Agreement ("Sale Agreement"). ) Baker contends that he has reached a conditional settlement agreement in the ADA Action, subject and conditioned on this courts approval.